Curioustab

Home » Aptitude » Compound Interest

What is the difference (in Rs) between the compound interests on Rs. 1000 for 1 year at 10% per annum compounded yearly and half-yearly?

1.5
0.5
2.5
3.5

Correct Answer: 2.5

← Previous Question Next Question→

More Questions from Compound Interest

If the amount received at the end of 2nd and 3rd year at compound interest on a certain Principal is Rs 30250, and Rs 33275 respectively, what is the rate of interest?
A sum of Rs. 2000 amounts to Rs. 4000 in two years at compound interest. In how many years does the same amount becomes Rs. 8000.
In how many years will Rs 25,000 yield Rs 8,275 as compound interest at 10% per annum compounded annually?
Albert invested an amount of Rs.8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit ?
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
The difference between the compound interest and simple interest on an amount of Rs.15000 for two years is Rs.96. what is the rate of interest per annum
If you deposit $5000 into an account paying 6% annual interest compounded monthly, how long until there is $8000 in the account?
Calculate the future value of $3,000 invested at 7% for 5 years
Assume that money can be invested at 8% compounded quarterly,which is larger,$2500 now or $3800 in 5 years?
The periodic interest rate corresponding to: 9.75% compounded semiannually

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion