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Calculate the amount and compound interest on(a ) Rs 10800 for 3 years at 1212% per annum compounded annually.(b) Rs 18000 for 212 years at 10% per annum compounded annually.(c) Rs. 62500 for 112 years at 8% per annum compounded half yearly.(d) Rs. 8000 for 1 year at 9% per annum compound half yearly.(You could use the year by year calculation using SI formula to verify)(e) Rs. 10000 for 1 year at 8% per annum compounded half yearly. |
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Answer» Calculate the amount and compound interest on (a ) Rs 10800 for 3 years at 1212% per annum compounded annually. (b) Rs 18000 for 212 years at 10% per annum compounded annually. (c) Rs. 62500 for 112 years at 8% per annum compounded half yearly. (d) Rs. 8000 for 1 year at 9% per annum compound half yearly. (You could use the year by year calculation using SI formula to verify) (e) Rs. 10000 for 1 year at 8% per annum compounded half yearly. |
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