Answer:
100
103
= 20000
103
21218.
100 100
CI.
= (Amount)- (Principal)
=(21218 - 20000) = 1218.
Hence, the required compound interest is 1218.
Find the compound interest on 3128000 for 9 months at 10% per annum, compounded
quarterly.
Here, P=128000, R =
% per quarter
4
2
and n = 9 months = 3 quarters.
Sample 4.
Solution :
10
per quarter
Amount = 128000 x 1+
5
2 x 100
x(1
41
128000 x
40
41
41
40
40
40
=137842
C.I. = (Amount) - (Principal)
= *(137842 - 128000) = 9842.
Hence, the required compound interest is * 9842.
EXERCISE 8 D
1. Find the amount and the compound interest on 120000 at 8% per annum for 1 year, compoun
half-yearly
Both of these philosopher believed in a "social contract"
Hiram Simpson Grant is the correct name for our 18th president.
It's correct
<span>the ratio of sheep to humans in New Zealand is 12:1</span>
Answer:Each of the thirteen colonies had a charter, or written agreement between the colony and the king of England or Parliament. ... The colonies along the eastern coast of North America were formed under different types of charter, but most developed representative democratic governments to rule their territories.
Explanation:
