top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What would be compound interest (compounded annually) on a sum of rupees 2018 at the rate of 8% for a period of 2 years?

0 votes
195 views
What would be compound interest (compounded annually) on a sum of rupees 2018 at the rate of 8% for a period of 2 years?
posted Aug 2, 2018 by Nikita Sehgal

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer (Check Answer ▼)





Similar Puzzles
+1 vote

What would be the compound interest (compounded annually) on a sum of rupees 2018 at the rate of 7% for a period of 2 years?

0 votes

There is 60% increase in an amount in 5 years at simple interest.
What will be the compound interest of Rs. 10000 after 3 years at the same rate (compounded annually)?

0 votes

The difference between simple interest and compound interest on a sum for 2 years at 8%, when the interest is compounded annually is Rs.16. If the interest were compounded half yearly, then what would be the difference between simple interest and compound interest for the same sum in 2 years?

0 votes

What is the absolute difference between simple and compound interests compounded annually on 20000 for 2 years at 5% per annum?

...