Question
The interest on 24,000 in a year compounded annually
when the rates are 8% p.a. and 10% p.a. for two successive years is:Solution
compound interest of two successive years - =8+10+(8×10)/100 =18.80% ATQ- 100=24000 1=24000/100 18.80=24000×18.80/100 =240×18.80 =4512
More Compound Interest Questions
Choose the word correct synonym:
Regulate
Select the most appropriate opposite of the given CONCURRENCE
Using or containing more words than are needed
Choose the word similar in meaning to the given word:
Recalcitrant
Select the INCORRECTLY spelt word.
- Select the most appropriate synonym of the bold word.
The speaker's candid response surprised the entire audience.
... Sparse
- Choose the word similar in meaning to the given word:
Voracious What is the synonym for the word "pedantic"?
13. Stringent
...
Relevant for Exams:
