Office gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)T
Answers
Answer:
Office gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)T
Explanation:
Office gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)T
Office gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)T
Office gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)TOffice gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)TOffice gives 7.9% interest on PPF. Manu wants to deposit Rs. 500000 for 15 2 years. Help him to calculate how much interest he will get at the end of the term
as per Simple Interest? What amount would be generated if he calculates
according to Compound Interest?
(Hint: S.I.=PRT/100 and A=P*(1+R/100)T