A) Ram invested a certain amount of money for 3 years at 8% per annum.

1.	A) Ram invested a certain amount of money for 3 years at 8% per annum. The simpleinterest earned by him is half the compound interest on 34,000 for 2 years at 10% perannum. Find the simple interest earned by Ram.
Answer» Answer: With COMPOUND interest, the interest that you EARN increases with the increase in your INVESTMENT (monthly/quarterly/semi-annual/or annual investment plus the interest that you are earning on this investment). This calculator will help you calculate the worth of your investment after a SET number of monthly INVESTMENTS or even a single, initial investment, based on the interest accrued on the invested amount.

A) Ram invested a certain amount of money for 3 years at 8% per annum. The simpleinterest earned by him is half the compound interest on 34,000 for 2 years at 10% perannum. Find the simple interest earned by Ram.

Answer»

Answer:

With COMPOUND interest, the interest that you EARN increases with the increase in your INVESTMENT (monthly/quarterly/semi-annual/or annual investment plus the interest that you are earning on this investment). This calculator will help you calculate the worth of your investment after a SET number of monthly INVESTMENTS or even a single, initial investment, based on the interest accrued on the invested amount.

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A) Ram invested a certain amount of money for 3 years at 8% per annum. The simpleinterest earned by him is half the compound interest on 34,000 for 2 years at 10% perannum. Find the simple interest earned by Ram.​

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A) Ram invested a certain amount of money for 3 years at 8% per annum. The simpleinterest earned by him is half the compound interest on 34,000 for 2 years at 10% perannum. Find the simple interest earned by Ram.