Question

2. Find the amount and the compound inter
ne amount and the compound interest on 15,000 for 3 years at 10% per annum compounded
annually
Manju deposited 18,000 at 6% per annum for 2 years in a bank. If the interest is calculated
half-yearly, what amount will she get after 2 years?
4. Find the difference between the simple interest and compound interest on 20,000 for 2 years at
6% per annum, compound interest being reckoned semi-annually.
5. Using the formula, calculate the amount, when:
Principal - 34,000, Rate -17% per annum, Time - 2 years.
6. Find the compound interest on 4000 for 1 year at 10% per annum, the interest being compounded
quarterly
7. Find the compound interest on 6000 for 1 year if the rates of interest for the first and second years are
5% and 10% per annum respectively.
8. Anamika took a loan of 40,000 from a branch of a bank. The rate of interest is 5% per annum. Find
the difference in amounts she would be paying after 1 years if the interest is compounded annually
and compounded half-yearly,
9. If the amount after 2 years at the rate of 6% per annum compounded annually is 12,000, find the principal
10. In what time will 10,000 amount to 12,100 at 10% per annum, compounded annually?
11. Find the rate at which a sum of money will double itself in 2 years, if the interest is compounded annually​

Answer 1

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