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Compound Interest Trick...

Compound Interest Trick

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What is the Compound Interest on Rs. 20,000 at 12% interest for 1 year, compounded half - yearly ?

Compound interest is the interest calculated on the previous year’s amount.

Simple Interest|Compound Interest|Question Practice|OMR

Mrs. rathore Rs. 10000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is :

The difference between the compound interest for the (p+1) th year and compound interest for (p+2)th year is equal to the interest for one year on the compound interest for the (p+1)th year. (True or False)

The compound interest is ? 6.40 more than the simple interest, if a sum is lent for 2 yr at 8% compound interest. Find the sum