Question
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
More Simple and compound interest Questions
- The compound interest on a certain principal for 2 years at 7% per annum compounded annually is Rs. 289.80. What will be the simple interest for the same d...
- A certain sum is invested at a simple interest rate of 10% per annum for a certain period. If the sum becomes five times the principal at the end of the pe...
- X invested Rs. 3600 at an annual simple interest rate of (a + 10)% and Rs. 2400 at an annual simple interest rate of a%. After 3 years, the total interest ...
- Ankit placed some money in a fixed deposit that provides a compound interest rate of 16% per annum, compounded yearly. At the end of two years, he received...
- On a sum of Rs 5,000 at 10% per annum for 2 years, what is the difference between compound interest (compounded annually) and simple interest?
- A person lent Rs. 40000 at 8% p.a. compound interest, compounded annually for two years. After two years, the total amount earned by the person is again le...
- 'Fatima' deposited Rs. 6,500 in a SIP at simple interest of 10% p.a. If she earned Rs. 3,900 as interest, then find the duration (in years) for which the m...
- Mr. Arun invested Rs. x in Scheme 1 and Rs. x/4 in Scheme 2. The schemes offered simple interest at 7% p.a. and 12% p.a. respectively. If the interest earn...
- A person borrows Rs 400 at 5% compound interest per annum. If he returns Rs 200 after one year, then how many more rupees will he have to pay at the end of...
- Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is the differ...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt