If the interest is compounded half yearly calculate the amount when principle is ruppess 7400 the rate of interest is 5%and the duration is one year

Open in App

Solution

Suggest Corrections

Similar questions

If the interest is compounded half-yearly, calculate the amount when the principal is Rs. 7,400; the rate of interest is 5% per annum and the duration is one year.

Q. Rs. 5,000 is borrowed at 8% for 1

\frac{1}{2}

years. Calculate the compound interest being compounded semi annually (half-yearly). What would have been the interest earned if the same amount was borrowed for simple interest at the same rate for the same duration?

Q. A man lends Rs.

5, 500

at the rate of

8 %

per annum. Find the amount if the interest is compounded half-yearly and the duration is one year.

Q. Calculate compound interest on rupees 1600 for 1 and half year at 10% per annum when the interest is compounded half yearly

Join BYJU'S Learning Program