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
Nabucco. Peter Ilyich Tchaikovsky.
US, British, French, and Soviets.
<span>A system for exchanging currencies between countries. Because they need to be able to redeem the money they earned. Without that system Jiang would not be able to sell things with other Countries.</span>
One of the reasons why some leaders believed that unicameral legislatures created more democratic governments was because bicameral ones often led to gridlock and political hardship.