Compound Interest Questions

• What is the Compound interest on Rs. 5000 in 3 years, if the rate of interest is 4% for the first year, 3% for the second year and 2% for the third year?
• A bank offers 15% compound interest per half year. A customer deposits Rs 2400 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is
• If the amount received at 10% per annum Compound interest after 3 yrs is Rs 19965, then what will have been the principal (in Rs) amount?
• The compound interest earned in two years at 15% per annum is Rs 20640. What is the sum invested (in Rs)?
• If compound interest received on a certain amount in the 2nd year is Rs 1200, what will be the compound interest (in Rs) for the 4th year on the same amount at 10% rate of interest?
• What would be the compound interest of Rs. 25000 for 2 yrs. at 5% per annum?
• The compound interest on Rs. 24000 at 10% per annum for 11⁄2 years, interest being compounded semiannually is
• The compound interest earned in two years at 12% per annum is Rs 10176. What is the sum (in Rs) invested?
• If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.
• The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is
• What will be compounded amount? I. Rs. 200 was borrowed for 192 months at 6% compounded annually. II. Rs. 200 was borrowed for 16 years at 6%.
• Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously
• Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?
• The effective annual rate of interest corresponding to nominal rate of 6% per annum payable half yearly is
• Find the time to double your investment at 6%
• Mr. and Mrs. Espedido’s property taxes, amounting to $2450, are due on July 1.What amount should the city accept if the taxes are paid eight months in advance and the city can earn 6% compounded monthly on surplus funds?
• Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?
• The population of a rural region is expected to fall by 2% per year for the next 10 years. If the region’s current population is 100,000, what is the expected population 10 years from now?
• If Rs. 10000 amounts to Rs. 11664 invested in compound interest(compounded annually) for two years then the annual rate of compound interest is
• At what rate of compound interest per annum will a sum of Rs 50000 become Rs 73205 in 2 years?