Practice Compound Interest – If the compound interest (compounded Yearly) on a certain sum for 2 years at 3% is Rs.101.50 then what will be the corresponding simple interest?
Practice Compound Interest – Anil invests an amount for 2 years at the rate of 15% per annum at simple interest.Had he invested in a scheme in which interest was compounded yearly he would have got Rs.450 more. Find the principal:
Practice Compound Interest – A sum of money doubles itself at C.I. in 15 years. In how many years will it become eight times?
Practice Compound Interest – The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?
Practice Compound Interest – The difference between the compound and simple interest on a certain sum for 2 years at the rate of 8% per annum is Rs.80,What is the sum?
Practice Compound Interest – At what rate of compound interest per annum will a sum of rs.1200 becomes rs.1348.32 in 2 years
Practice Compound Interest – A bank advertises that you can double the money if you invest it with them for 8 years, what is the rate of Interest offered by them?
Practice Compound Interest – The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:
Practice Compound Interest – Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, compounded quarterly
Practice Compound Interest – What would be the least number of years in which the simple interest on Rs.2600 at % will be an exact number of rupees ?
Practice Compound Interest – Rs.100 doubled in 5 years when compounded annually. How many more years will it take to get another Rs.200 compound interest
Practice Compound Interest – Find the finance charge for an average daily balance of $8431.10 with monthly interest rate of 1.4%
Practice Compound Interest – Find the annual interest rate that produces $100,000 from $20,000 in 15 years.
Practice Compound Interest – For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:2.1
Practice Compound Interest – Calculate the effective interest rate compounded quarterly of a 13% annual rate.