If P is principal, R is rate of interest per annum compounded annually and N is number of years then amount is given by:

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Solution

The correct option is A

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Similar questions

Find the amount and the compound interest when the interest is compounded annually.
(i) Principal $= R s . 4000$ , Time $= 2$ years, Rate = $10 %$ per annum.
(ii) Principal $= R s . 4000$ , Time $= 2$ years, Rate $= 15 \frac{1}{2} %$ per annum.

Question 79(iv)

Given, the principal = Rs. 40000, rate of interest = 8% per annum compound annually. Find Amount if period is two year.

Q. Find the compound interest when principal is Rs.

2000

and the rate is

10 %

per annum compounded annually for

2

years.

If ₹ 1000 amounts to ₹ 1166.4 in two years compounded annually, then the rate of interest per annum is 12%.

Q. The principal that amounts to Rs.

4913

4 \frac{1}{2}

years at

6 %

per annum compound interest, compounded annually, is

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