Computation of compound interest.

What is compound interest

Write the formula of compound interest

Compute the compounded interest on Rs 12000 for 2 years at 20% per annum when compounded half-yearly.

Compute the compounded interest on Rs 12000 for 2 years at 20% per annum when compounded half-yearly.

State whether the following statement is true or false: I. The compound interest of a certain sum of money for a certain period of time at the certain rate of compound interest per annum is less than the simple interest of the same sum of money for the same period of time and at the same rate of interest. II. In the case of compound interest the quantity of principal gradually increases. III. In the case of compound interest, the rate of interest changes every year. IV. In the case of compound interest, the same quantity of interest is obtained in every year. V. In the case of compound interest the obtained interest is proportional to the period of time.

A sum of Rs. 10500 becomes Rs. 17745 in 2 years at the rate of compound interest. If the interest is compounded annually then what will be the rate of interest?

Roma borrowed Rs 64000 from a bank for 0.5 years at the rate of 10% per annum. Compute the total compound interest payable by Roma after 0.5 years, if the interest is compounded half-yearly.

Roma borrowed Rs 64000 from a bank for 0.5 years at the rate of 10% per annum. Compute the total compound interest payable by Roma after 0.5 years, if the interest is compounded half-yearly.

In the case of compound interest the rate of compound interest per annum for every years is