What will be the compound interest be on 16000 for 1 and a half years at the rate of 10\% per annum compounded half yearly?

Complete step by step answer: Hence the interest on the given amount after $1\dfrac{1}{2}$ years at 10\% per annum compounded half yearly is Rs 2522.

What is the compound interest on a sum of Rs 16000 at 30\% per annum for an year if compounded half yearly?

When the sum is compounded half-yearly, then the rate of interest becomes half and time becomes double. ∴ The compound interest is Rs. 5160.

What is the compound interest on 16000 for 9 months at 20\% per annum?

The compound interest on 16000 Rs. for 9 months at 20\% per annum, interest being compounded quarterly, is : [A]2518 Rs.

What is the compound interest on Rs 16000 for 3 yr if the rate of interest is 5\% for the first year 10\% for the second year and 25\% for the third year?

compound interest = 18522-16000 = 2522 rupees.

How much would a sum of Rs 16000 amount to in 2 years?

Hence a sum of rs. 16000 amount to be 20736000 in 2 years at 10\% per annum, if the interest is compounded half yearly.

What will be the compound interest on a sum of Rs 16000 for 2 years at the rate of 10\% per annum?

∴ Compound interest = 16000 × (21/100) = 3360.

What will be the Compound Interest accrued on a sum of 16000 at a rate of 15 per annum in 2 years?

What is the compound interest on rupees 16000 for 9 months?

20\% p.a.
The compound interest on Rs. 16000 for 9 months at 20\% p.a. compounded quarterly is.

What will be the compound interest on rupees 20000 at 12\% per annum for 6 month compounded quarterly?

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

How much will rupees 50000 amount to in 3 years compounded yearly?

50,000 in 3 years, compounded yearly, if the rates for the successive years are 6\%, 8\% and 10\% respectively will amount to Rs. 62,964. So, the correct answer is Rs. 62,964”.

How much would a sum of rupees 16000?

What is a 10\% interest rate compounding semi-annually?

Therefore, a 10\% interest rate compounding semi-annually is equivalent to a 10.25\% interest rate compounding annually. The interest rates of savings accounts and Certificate of Deposits (CD) tend to compound annually. Mortgage loans, home equity loans, and credit card accounts usually compound monthly.

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.

How do you calculate compound interest in a calculator?

Calculator Use. Calculate compound interest on an investment or savings. Using the compound interest formula, calculate principal plus interest or principal or rate or time. Includes compound interest formulas to find principal, interest rates or final investment value including continuous compounding A = Pe^rt.

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?