A.Rs. 242
B.Rs. 420
C.Rs. 2000
D.Rs 508
Related Mcqs:
- For a nominal interest rate of 20 per cent compounded continuously the effective annual interest rate will be
- If S represents the amount available after n interest periods for an initial pincipal P with the discrete compound interest rate i the present worth can be determined by
- The effective annual interest rate ieff is expressed in terms of the nominal interest rate r compounded continuously as
- If the interest rate is 5 per cent per period and the interest is compounded at half-year periods the actual annual return on the principal would be
- Someone desires to borrow Rs. 2000 to meet his financial obligation. This money can be borrowed from a loan agency at a monthly interest rate of 3 per cent. What is the total amount of principal plus simple interest due after 3 years if no intermediate payments are made?
- What will be the total amount available 10 years from now if Re. 1 is deposited at the present time wih nominal interest at the rate of 11 per cent compounded continuously?
- How many years will it take to pay off a Rs. 11,000 loan with a Rs. 1,241.08 annual payment and a 5% interest rate??
- Rs. 10000 is invested now at 10% interest per annum on a compound basis. What will be the accumulated sum at the end of 5 years
- If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually??
- If P represents the principal n the number of interest periods and i the interest rate based on the length of one interest period the amount of simple interest during n interest periods is
