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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.