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What is the compound interest of 20000 at 12\% per annum?

What is the compound interest of 20000 at 12\% per annum?

Rs.6000
20000 at 12\% compound interest. Therefore, the answer of this question is Rs. 6000.

What is the compound interest on the sum of ₹ 15625 for 2 years at the rate of 2\% per annum if the interest is 8 months is composed?

Thus the compound interest is 631 Rs.

What is the compound interest on ₹ 8000 at 20\% per annum for 9 months compounded quarterly?

So, the compound interest on Rs 8000 at 20\% per annum for 9 months compounded quarterly is 1261.

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How much would a sum of ₹ 20000 amount to at 12\% in 9 months if the interest is being compounded quarterly?

So, it becomes, Hence, Amount becomes Rs. 21854.54 in 9 months.

What is the compound interest on the sum of 15625?

Detailed Solution. ∴ Total compound interest is Rs. 7,923.

What will be the compound interest on a sum of rs25000 /- after 3 years at the rate of 12\% per annum?

Rate of interest = 12\% p.a. ∴ The compound interest is Rs. 10123.20.

What is the compound interest on rupees 80000 at 40 per annum in one year compounded quarterly?

What is the compound interest earned on Rs 80,000 at 40\% per annum in 1 year compounded quarterly? =37128 Rs.

What is the compound interest of 8000?

The compound interest on Rs. 8,000 at 15\% per annum for 2 years 4 months, compounded annually is : – GKToday. 3109 Rs. Hence option [A] is the right ansewr.

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How to calculate compound interest on Rs 1000 for two years?

Find the compound interest on Rs 1000 for two years at 4\% per annum. Amount at the end of first year =Rs1000 + Rs 40 = Rs 1040. Principal for the second year = Rs1040

What is the total amount accrued with compound interest on principal?

The total amount accrued, principal plus interest, with compound interest on a principal of $10,000.00 at a rate of 3.875\% per year compounded 12 times per year over 7.5 years is $13,366.37. Paste this link in email, text or social media.

What is the amount after 3 years of compound interest?

If the interest is compounded annually, then the amount A and the compound interest C.I. at the end of n years is given by: Example 3: Find the compound interest on Rs 12000 for 3 years at 10\% per annum compounded annually. Solution: P =Rs 12000, R =10\% per annum and n=3. Therefore, amount (A) after 3 years

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How many years will a amount double itself at 10\% compounded quarterly?

In how many years will a amount double itself at 10\% interest rate compounded quarterly? Ans. t = (log (A/P) / log (1+r/n)) / n = log (2) / log (1 + 0.1 / 4) / 4 = 7.02 years 3. If interest is compounded daily, find the rate at which an amount doubles itself in 5 years?