Answer:
The interest generated the first year will be 10% of the principal value, while the second year said interest will be 10.25%.
Step-by-step explanation:
Given that a person deposits Rs 55000 in Bank P for 2 years at the rate of 10% per annum compounded annually, but after one year, bank has changed the policy and decided to pay semi annual compounded interest at the same rate, to determine what is the percentage difference between the compound interests of the first year and second year, the following calculation must be performed:
Year 1 =
55,000 x (1 + 0.1 / 1) ^ 1x1 = X
55,000 x 1.1 = X
60,500
Year 2 =
60,500 x (1 + 0.1 / 2) ^ 1x2 = X
60,500 x 1.05 ^ 2 = X
66,701.25 = X
55,000 = 100
60,500 = X
60,500 x 100 / 55,000 = X
110 = X
60,500 = 100
66,701.25 = X
66,701.25 x 100 / 60,500 = X
110.25 = X
Therefore, the interest generated the first year will be 10% of the principal value, while the second year said interest will be 10.25%.
9514 1404 393
Answer:
B, D
Step-by-step explanation:
The quadratic expands to ...
(2n -1)² = (2n)² +2(2n)(-1) +(-1)² = 4n² -4n +1
The coefficients can be factored out of the sum, so ...
∑(4n²) = 4∑n² for example
The sum of 60 ones is 60:
So, the sum can be written as ...
_____
It appears that the key to choosing the correct answers is paying attention to signs.
Answer:
25%
Step-by-step explanation:
X=(18.75*100)/75
