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Money received tomorrow is less valuable than money received today. This concept is based on the principle of time value of money, which states that a sum of money received today is more valuable than the same sum of money received in the future. This is because money has the potential to earn interest or returns when invested, and receiving it earlier allows for more investment opportunities. Due to inflation and the opportunity cost of not having the money available for investment or consumption, money received in the future is worth less than money received today. Therefore, it is generally preferred to receive money sooner rather than later.
A person invested Rs. 7500 at a simple interest rate of 12% per annum, and also invested Rs. 8000 at a compound interest rate of 15% per annum, compound...
Rahul invested a certain amount at a simple interest rate of 8% per annum, and after 6 years, it grew to Rs. 1,850. If he had instead invested the same ...
A deposited Rs. 3000 at 10% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 12% simple interest per ann...
A sum of Rs. 100 is invested at 10% per annum compound interest (compounded annually) for two years. How much interest will be received after two years?
Rs. 9500 is invested in scheme ‘A’ for a year at simple interest of 50% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in ...
Ankit and Bhupesh invested a certain amount for 5 months and 7 months respectively. The ratio of the profits earned by Ankit to t...
An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (co...
Bittu, Tittu and Mitthu invested Rs. 80000, Rs. 100000 and Rs. 120000 respectively to start a business. Partnership condition is that, each will get int...
Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Ve...
"Zampa invested Rs.__________ in an SBI Contra fund with a 20% annual compound interest, compounded annually. At the end of each year, the bank deducts ...
