Short Answer TypeFind the amount to be paid at the end of 2 years on Rs 2,400 at 5% per annum compounded annually.
Find the amount to be paid at the end of 1 year on Rs 1,800 at 8% per annum compounded quarterly.
Find the population of a city after 2 years, which is at present 12 lakh, if the rate of increase is 4%.
Calculate the amount and compound interest on Rs 10,800 for 3 years at 121/2 % per annum compounded annually.
Calculate the amount and compound interest on Rs 18,000 for 21/2 years at 10% per annum compounded annually.
Calculate the amount and compound interest on Rs 62,500 for 11/2 years at 8% per annum compounded half yearly
Here P = Rs 62500, T =
Compounding half yearly,
R = 8% p.a. = 4% per half year
T = ![<pre>uncaught exception: <b>mkdir(): Permission denied (errno: 2) in /home/config_admin/public/felixventures.in/public/application/css/plugins/tiny_mce_wiris/integration/lib/com/wiris/util/sys/Store.class.php at line #56mkdir(): Permission denied</b><br /><br />in file: /home/config_admin/public/felixventures.in/public/application/css/plugins/tiny_mce_wiris/integration/lib/com/wiris/util/sys/Store.class.php line 56<br />#0 [internal function]: _hx_error_handler(2, 'mkdir(): Permis...', '/home/config_ad...', 56, Array)
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year 
n = 3 half years.
∴ Amount = 
= Rs 62500
= Rs 62500
= Rs 62500 
= Rs 
Amount = Rs 70304
CI = Rs 70304 - Rs 62500 = Rs 7804
Calculate the amount and compound interest on Rs 8,000 for 1 year at 9% per annum compounded half yearly.
Calculate the amount and compound interest on Rs 10,000 for 1 year at 8% per annum compounded half yearly.
Long Answer TypeKamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?
(Hint: Find A for 2 years with interest is compounded yearly and then find SI an the 2nd year for 4/12 tears.)
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