Compound Interest

Practice Compound Interest – A loan is made for $3500 with an interest rate of 9% and payments made annually for 4 years. What is the payment amount?

Practice Compound Interest – An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded annually

Practice Compound Interest – Calculate the future value of $3,000 invested at 7% for 5 years

Practice Compound Interest – For S = $21,000, payments (R) of $1500 at the end of each 6-month periodi= 10% compounded semi-annually. Find the minimum number of payments to accumulate 21,000.

Practice Compound Interest – Find the time to double your investment at 6%

Practice Compound Interest – The difference between the simple interest on a certain sum at the rate of 10%per annum for 2 years and compound interest which is compounded every 6 months is Rs.124.05. what is the principal sum

Practice Compound Interest – The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is

Practice Compound Interest – Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

Practice Compound Interest – 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

Practice Compound Interest – Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.

Practice Compound Interest – What amount must you invest now at 4% compounded monthly to accumulate $10,000 after 3 year

Practice Compound Interest – A five-year promissory note with a face value of $3500, bearing interest at 11%  compounded semiannually, was sold 21 months after its issue date to yield the buyer 10% compounded quarterly.What amount was paid for the note

Practice Compound Interest – The principal that amounts to Rs.4913 in 3 years at % per annum compound interest compounded annually is

Practice Compound Interest – The compound interest on a sum of money for 2 years is rs.832 and the simple interest on the same sum for the same period is rs.800 .the difference between the compound interest and simple interest for 3 years

Practice Compound Interest – The difference between compound interest and simple interest on a sum for two years at 8% per annum, where the interest is compounded annually is Rs.16. if the interest were compounded half yearly , the difference in two interests would be nearly