Question
An investor deposits ₹50,000 in an account offering 8%
compound interest annually. What will be the maturity value after 3 years?Solution
FV = P(1 + r)n = 50,000(1.08)3 = ₹63,240 approx. Time value helps in understanding the compounding effect on investment over time.
Four number-pairs have been given, out of which three are alike in some manner and one is different. Select the number-pair that is different.
Which of the following causes Swine flu ?
Which one of the following is not a female reproductive organ in humans?
Pipe ‘A’ takes 25 minutes to fill a tank. Pipe ‘B’ takes 30 minutes to empty the same tank. If pipe ‘B’ is opened 18 minutes after pipe ‘A...
The sum of three numbers is 254. If the ratio of the first to the second is 4:5 and that of second to the third is 8:11 then the second number is?
Which of the following military causes are correct for the Revolt of 1857?
1. Low salary and poor prospects of promotion
2. Di...
Why did the Congress declare 9th May to be 'Ethiopia Day'?
Three of the following statements pertaining to non-biodegradable plastics indicate their implications on animals, plants, and our surroundings. Choose ...
Transaction is referred as which event in accounting?
The sum of three consecutive multiples of 8 is 2424, find the largest one.
