1.

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.

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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