in yearly(1.5 yr or 1yr+1/2yr) 5000+5000*4%+5200*4%*0.5=5304 in half yearly 5000+5000*2%+5100*2%+5202*2%=5306.04 so difference Show
5306.04-5305=2.04 Discussion :: Compound Interest - General Questions (Q.No.4)
What is the difference between the compound interests on 5000 for 12 years at 4% per annum compounded yearly and halfDetailed Solution. = Rs. (5000 × 26/25 × 51/50) = Rs. 5304.
What is the difference between the compound interests on 10000 for 2 years at 4% per annum compounded annually and half10000; Rate = 2% per half-year; Time = 2 years = 4 half-years. Amount = Rs [10000 * 1+2/1004 ] = Rs10000 * 51/50 * 51/50 * 51/50 * 51/50 = Rs. 10824.32.
What is the difference between the compound interests on Rs 5000 for 1 years at 4% per annum compounded yearly and half5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? total amount after 1 ½ years when interest is compounded yearly. = 5304 Rs. so, compound interest = 5304 - 5000 = 304 Rs.
What is the difference between the compound interests on Rs 10000 for 2 years at 4% per annum compounded?= ₹(10824.32 - 10000) = ₹824.32.
|