解析 Here, Rate = 12% per annum.Interest of Rs 100 in 1 year = Rs 12Interest of Rs 100 in 2 years = Rs 12x2Interest of Rs 1 in 2 vears = RsInterest of Rs 300 in 2 vears = RsRequired interest = Rs= Rs 72 反馈 收藏 ...
解析 The future value of an investment can be calculated using the current value, a rate of interest, and the length of time of the investment. ( FV=p((1+r))^t) Simplify the result. ( F=700⋅ ((1+7%))^3) 反馈 收藏
To find the simple interest on Rs 1000 for 6 months at the rate of 5 paise per rupee per month, we can follow these steps:Step 1: Identify the given values - Principal (P) = Rs 1000 - Time (T) = 6 months - Rate of Interest (R)
Find the simple interest and the amount when: Principal = Rs 6400, rate = 5% p.a. and time = 3 years
Answer to: Find the total amount due for the simple interest loan. (Round your answer to the nearest cent.) $6100 at 5.5% for 4 years 9 months. By...
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he bought a $1000 Canada Saving Bond.The simple annual interest rate was 7.5%.find the value of the bond after 6 years.what aboutyou invest $3200 in a saving account at 9% annual intrest compound quarterly.find the balance in the account after 3 years....
However, if we are given the value of a ni and n, finding the interest rate i is no simple matter. Traditional method to obtain interest rate requires the use of tables plus an interpolation scheme of low accuracy. The purpose of this note is to present an efficient algorithm for the ...
Find the interest paid on a loan of {eq}\$2300 {/eq} for two years at a simple interest rate of {eq}10\% {/eq} per year. Accrued Amount: The accrued amount {eq}A {/eq} is equal to the interest {eq}I {/eq} plus the principal amount {eq}...