Question

Find compound interest on 50000 at rate of 8% per annum compounded quarterly.

Answer 1

Answer:

see the attachment ok.........

Answer 2

ANSWER

ANSWERIt is given that

ANSWERIt is given that Principal (P) = 50000

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annually

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 2

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annually

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100)

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100)

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25)

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20Here

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20HereCompound interest = A - P

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20HereCompound interest = A - PSubstituting the values

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20HereCompound interest = A - PSubstituting the values = 56243.20−50000

ANSWERIt is given that Principal (P) = 50000Rate of interest (r) = 8% p.a. = 4% semi-annuallyPeriod (n)= 1 21years = 3 semi-annuallyWe know that Amount = P(1+r/100) n Substituting the values = 50000(1+4/100) 3 By further calculation = 50000(26/25) 3 = 50000×26/25×26/25×26/25= 56243.20HereCompound interest = A - PSubstituting the values = 56243.20−50000= 6243.20

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