1How do we calculate compound interest and compound amount when the rate of interest is different every year?
2If the time is given as T years and M months, how are compound interest and compound amount computed?
3If the interest is to be calculated half yearly, how are compound interest and compound amount found?
4If the interest is to be calculated terminally, how are compound interest and compound amount found?
5What is the difference between yearly compound interest and half yearly compound interest? Discuss.
6Your uncle wants to invest Rs 1,00,000 for a year at 15% compound interest per annum. Would you suggest yearly, half yearly or terminal interest? Why?
7Rs 30,000 is deposited for 2 years at 6% in the first year and 8% in the second year, compounded yearly. Find the compound amount and compound interest.
8Find the compound amount and compound interest on Rs 25,000 at 8% per annum compounded yearly for 1 year 3 months.
9Find the half yearly compound interest on Rs 16,000 at 10% per annum for 1 year.
10Find the terminal compound interest on Rs 20,000 at 8% per annum for 6 months.
11Why is terminal compound interest more than half yearly compound interest on the same sum, rate and time?