1. Find the amount and compound interest on a sum of 15.000 at 6% per annum for 3 years compounded
annually.
2. Nisha takes a loan of 45,000 at 6% per annum for
half-yearly, find the total interest paid by her
15 years. Assuming that the interest is compounded
3. Find the difference between CI and Si on 20,000 at 12% p.a. for 2 years compounded annually.
4. What will be the loan of 1,50,000 amount to in 2 years if compounded annually at the rate of 8%
5. Find the difference between CI and SI on 92,000 at 20% p.a. compounded semi-annually for
15 years.
p.a.?
Answers
Answered by
1
Step-by-step explanation:
1. Amount= P(1+ R/100)n .
=A= 15(1+6/100)3
=A= 15(1/1 + 6/100)3
=A= 15(100+ 6/100)3
=A= 15( 106/100) 3
=A= 15( 53/50)3
=A= 15×53/50 × 53/50 × 53/50
=A=17.86
Compound interest = Amount - principle
= 17.86 - 15
₹2.86= answer
hope you're satisfied with my answer
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