A certain amount at simple interest amounts to 5000 in 3 years and 6500 in
4 years. Find the sum of money invested.
Answers
Step-by-step explanation:
यह देखते हुए कि आप प्रति वर्ष 9% की दर से साधारण ब्याज पर पैसा देंगे।
सरल सूत्र राशि सूत्र,
ए = पी + एसआई
7000 (एक बार के निवेश) के लिए AMOUNT आता है बशर्ते ब्याज दर स्थिर रहे
Considering that you will give money on Simple interest on 9% per annum.
Simple formula amount formula,
A=P +SI
AMOUNT COMES out to 7000(one time investment) provided interest rate remains constant.
I don't how you will get 9% simple interest. IF you 9% interest in normal cases is extremly good.
Case 2) Compound interest
A =P +(1+r/100)^n
9520=x +(1+9/100)^4
6744.160=x
You will get compund interest in PFF, some specials loans, and in some investments.
9520 is very small amount so I would recommend to earn some and then give money. Even if it is a bank, a bank like kotak 10k as minimum amount as deposit.
So wait and earn more.
Invest in bitcoins and stocks after lot of thinking.