Compound Interest: Worked Examples
Nine examples · Exercise 2.1
Find compound interest with and without the formula
Compare simple, yearly, half-yearly and quarterly interest
Find the rate and principal from two amounts
Solve problems with tax and with splitting a loan
Rs. 1,00,000 at 15% for 1 year
Yearly: Rs. 15,000
Half-yearly: Rs. 15,562.50
Quarterly: Rs. 15,865.04
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