Advertisements
Advertisements
प्रश्न
What will Rs 125000 amount to at the rate of 6%, if the interest is calculated after every 3 months?
उत्तर
Because interest is calculated after every 3 months, it is compounded quarterly.
Given:
P = Rs 125, 000
\[\text{ R }= 6 \%\text{ p . a . }= \frac{6}{4} \%\text{ quarterly }= 1 . 5 % quarterly\]
n = 4
So,
\[A = P \left( 1 + \frac{R}{100} \right)^n \]
\[ = 125, 000 \left( 1 + \frac{1 . 5}{100} \right)^4 \]
\[ = 125, 000 \left( 1 . 015 \right)^4 \]
= 132, 670 (approx)
Thus, the required amount is Rs 132, 670.
APPEARS IN
संबंधित प्रश्न
A certain sum of money is put at compound interest, compounded half-yearly. If the interest for two successive half-years are Rs. 650 and Rs. 760.50; find the rate of interest.
A man borrows Rs.10,000 at 10% compound interest compounded yearly. At the end of each year, he pays back 20% of the amount for that year. How much money is left unpaid just after the second year ?
The value of a machine depreciated by 10% per year during the first two years and 15% per year during the third year. Express the total depreciation of the machine, as percent, during the three years.
Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8% per annum.
Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest. Calculate the interest paid by her for the second year.
Depreciation value is calculated by the formula, `"P"(1 - "r"/100)^"n"`
Find the compound interest for `2 1/2` years on ₹ 4000 at 10% p.a, if the interest is compounded yearly
A principal becomes ₹ 2028 in 2 years at 4% p.a compound interest. Find the principal
To calculate the growth of a bacteria if the rate of growth is known, the formula for calculation of amount in compound interest can be used.
Find the difference between Compound Interest and Simple Interest on Rs 45,000 at 12% per annum for 5 years.
