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We would love to personalise your learning journey. Sign Up to explore more. Sign Up or Login Skip for now Uh-Oh! That’s all you get for now. We would love to personalise your learning journey. Sign Up to explore more. Sign Up or Login Skip for now Solution Principal(P)=Rs. 20000 Time(t) = 112 years= 32 years Rate(r) =10% Amount= P×(1+r2×100)n×2 =Rs.20000×(1+10200)32×2 =Rs.20000×(210200)3 =Rs.20000×2120×2120×2120 =Rs.23152.50 C.I.= Amount-Principal = Rs. 23152.50-Rs. 20000=Rs. 3152.50
Solve Textbooks Question Papers What is 8% compounded quarterly?Account #3: Quarterly Compounding
The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods). The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly.
What is the compound interest on rupees 20000 at 5% for 4 years?Hence, compound interest on Rs. 20,000 for 4 years at 5% p.a. is Rs. 4,310.125.
How do you calculate compound interest compounded quarterly?Cq = P [ (1+r)4*n – 1 ]. Cq is the quarterly compounded interest.. P would be the principal amount.. r is the quarterly compounded rate of interest.. n is the number of periods.. What is the compound amount of 10000 for 3 years at 10% compounded semi annually?=13310–10000=₹ 3310.
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