What is the amount for Rs 10000 by compound interest at 8% rate for 2 years?

Answer Expert Verified 10000 by compound interest at 8% rate for 2 years, when compounded annually? The amount is ₹ 11664.

How long will it take for you to quadruple your investment at 7% interest compounded continuously?

1 Expert Answer Using our calculator we will find that it takes about 20.4895 days to quadruple the money invested under 7% interest rate compounded daily.

What will be the compound interest on Rs 10000 for 2 years at 10% per annum?

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years. Amount == Rs. 10824.32.

What will be the amount if Rs 10 00000 is invested at CI for 3 years at arate of interest 10% 11% and 12% respectively * 1 point?

10,00,000 is invested at CI for 3 years at a rate of interest 10%, 11% and 12% respectively? Question 8 Explanation: Amount = 9600 * (1+4.5/100)7/4 = 10368.7103188 So, option (B) is correct.

How to calculate compound interest for a variable?

You can solve for any variable by rearranging the compound interest formula as illustrated in the following examples:- 1. What is the compound interest of 75000 at 7.9% per annum compounded semi-annually in 3 years? Ans. A = P (1+r/n) nt = 75000 (1 + (7.9 / 100) / 2) 6 = 94625.51 2.

What’s the interest rate on a 400 dollar investment?

Interest calculator for a $400 investment. How much will my investment of 400 dollars be worth in the future? Just a small amount saved every day, week, or month can add up to a large amount over time. In this calculator, the interest is compounded annually.

How much will savings of 400 dollars be worth in the future?

At the end of 20 years, your savings will have grown to $1,283. You will have earned in $883 in interest. How much will savings of $400 grow over time with interest? What if you add to that investment over time? Interest calculator for a $400 investment. How much will my investment of 400 dollars be worth in the future?