Question

2. Find the amount on 5,000 for one year at 8% pa compounded quarterly
3. Rearrange the formula for compound interest, to find the rate of interest per
annum, if all other variables are known.
4. A sum of 5000 is invested at a rate of 5% per annum for four years. Find
the amount if the interest is compounded annually.
5. In what time 15,000 will become 16,537.50, if rate of interest is 5%
per annum and compounded annually?
6. A sum of 20,000 is invested at a rate of 9% compounded annually. Find
the amount after one and a half years.
7. A sum of money becomes 26,471 at an interest rate of 3% per annum
compounded annually after a period of one year. Find the sum.
8. A sum of money is invested at a rate of 40% per annum. Find the minimum
number of years after which it will become double if the interest is compounded
annually
9. A sum of 2,000 is invested for 1 year at the rate of 10% per annum. Find
the amount, if the interest is compounded quarterly.​

Answer 1

Answer:

answer of Q no. 4 is Amount=interest+principal=5000+1000=₹6000