Question Detail

Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

  • Rs. 8510
  • Rs. 8620
  • Rs. 8730
  • Rs. 8820
Similar Questions :

1. What will be the compound interest on Rs. 25000 after 3 years at the rate of 12 % per annum

  • Rs 10123.20
  • Rs 10123.30
  • Rs 10123.40
  • Rs 10123.50

2. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

  • Rs 312
  • Rs 412
  • Rs 512
  • Rs 612

3. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

  • Rs 155.25
  • Rs 156.25
  • Rs 157.25
  • Rs 158.25

4. We need to divide Total Sum Rs. 3364 between Ram and Sham so that Ram's share at the end of 5 years may equal to Sham's share at the end of seven years with compound interest rate at 5 percent.

  • 1864 and 1500
  • 1764 and 1600
  • 1664 and 1700
  • 1564 and 1800

5. If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values

  • Rs.51.75
  • Rs 51.50
  • Rs 51.25
  • Rs 51
Read more from - Compound Interest Questions Answers