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Compound Intetrest Practice Questions - Page 5

Questions 41–45 of 45 · Page 5 of 5

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Q41What is the present worth of ₹15,000 due in 2 years at 5% p.a. compounded annually?ModerateSolve →Q42Find the amount of ₹18,000 at 8% p.a. for 2 years 6 months when compounded annually.DifficultSolve →Q43The amount after 3 years at 10% p.a. (annual compounding) is ₹21,970.80. Find the principal.ModerateSolve →Q44On ₹10,000 for 3 years (annual CI), the compound interest is ₹3,310. Find the rate p.a.DifficultSolve →Q45If the nominal rate is 10% p.a. compounded half-yearly, what is the effective annual rate?PYQSolve →
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