Mathematics
What sum will amount to ₹2782.50 in 2 years at compound interest, if the rates are 5% and 6% for the successive years?
Related Questions
Find the time (in years) in which ₹12500 will produce ₹3246.40 as compound interest at 8% per annum, interest compounded annually.
₹16000 invested at 10% p.a., compounded semi-annually, amounts to ₹18522. Find the time period of investment.
A sum of money is invested at compound interest payable annually. The interest in two successive years is ₹225 and ₹240. Find :
(i) the rate of interest.
(ii) the original sum.
(iii) the interest earned in the third year.
On what sum of money will the difference between the compound interest and simple interest for 2 years be equal to ₹25 if the rate of interest charged for both is 5% p.a.?