Question Text
Question 1 :
Maria invested Rs 8,000 in a business. She would be paid interest at 5% per compounded annually. Find the interest for the third year.
Question 2 :
Find the compound interest on Rs 10,000 for $1\frac{1}{2}$ years at 10% per annum, compounded half yearly.
Question 3 :
Find the time period and rate for a sum taken for $1\frac{1}{2}$ years at $8\%$ per annum is compounded half yearly.
Question 4 :
Maria invested Rs 8,000 in a business. She would be paid interest at $5\%$ per annum compounded annually. Find the amount credited against her name at the end of the second year.
Question 5 :
Calculate the compound interest on Rs 10,800 for 3 years at $12\frac{1}{2}$%.
