Q3) In what time will Rs. 7000 yield Rs. 2317 as compound interest at – InterviewSolution

1.	Q3) In what time will Rs. 7000 yield Rs. 2317 as compound interest at 10% per annum compounded annually.
Answer» -STEP EXPLANATION:We have,A=Rs.9317,P=Rs.7000,R=10%,T=?We KNOW thatA=P(1+100R)T9317=7000(1+10010)T(1+101)T=1.331(1.1)T=1.331(1.1)T=(1.1)3∴T=3 YEARS

Discussion

No Comment Found

Related InterviewSolutions

What is Rational Numbers ??Where are you Bunny ?? What happen Any Problem Bro ಠ︵ಠ
Observe the following table and find x is directly proportional
What is Rational Numbers ?Answer if ur boy ? Answer if ur Ashrith Im serious
ABCD is a parallelogram if the ratio sides 3,:2and perimeter is 120 m the find the length of the sides of the parallelogram
6. Find the area of the following polygohABCDEF where AP = 2 cm, AQ = 4 cm,AR = 6 cm, AD = 10 cm, AS = 8 cm, andBP, FQ, CR and ES are perpendiculars todiagonal AD
5y+10=4y-10 then what is the answer
*5. How do the prashastis written by Harisena and Ravikirti throw light on the history of theGuptas and Harshavardhana?
The product of two number is 27 /2 .If one number is 23/5,find the other. with solution
Evalute the expression given below for ( m = - 2 ) & ( n = 6 ) 3m³ + 2m²n + n³
Evalute the expression given below for ( m = - 2 ) & ( n = 6 )m² - n²