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The amount on ₹15,000 for 2 years at 8% per annum compounded annually is
Find the compound interest on ₹8,000 for 2 years at 5% per annum, compounded annually (in ₹).
Find the amount (in ₹) on ₹16,000 for 1 year at 10% per annum, compounded half-yearly.
Find the compound interest (in ₹) on ₹10,000 for 1\frac{1}{2} years at 8% per annum, compounded half-yearly.
Ravi wants to deposit ₹20,000 for 2 years at 10% per annum. His bank offers three schemes. Scheme 1: simple interest. Scheme 2: compound interest, compounded annually. Scheme 3: compound interest, compounded half-yearly.
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