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Q. .
- a)C
- b)B
- c)A
- d)D
Correct answer is option 'A'. Can you explain this answer?
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Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this ans...
Given:
Principal amount (P) = Rs. 5000
Time (t) = 11/2 years
Rate of interest (R) = 4% per annum
We need to find the difference in compound interest when compounded yearly and half-yearly.
Formula:
Compound Interest (CI) = P[1 + R/n]^(nt)
where n is the number of times the interest is compounded per year.
Calculation:
For yearly compounding:
n = 1
t = 11/2 years
CI = P[1 + R/n]^(nt)
CI = 5000[1 + 4/100]^1.5
CI = 5000[1.04]^1.5
CI = 5000[1.061216]
CI = Rs. 5306.08
For half-yearly compounding:
n = 2
t = 11/2 years
CI = P[1 + R/n]^(nt)
CI = 5000[1 + 4/100]^3
CI = 5000[1.02]^3
CI = 5000[1.061208]
CI = Rs. 5304.04
Difference in compound interest = Rs. (5306.08 - 5304.04) = Rs. 2.04
Therefore, the difference in compound interest when compounded yearly and half-yearly is Rs. 2.04.
Principal amount (P) = Rs. 5000
Time (t) = 11/2 years
Rate of interest (R) = 4% per annum
We need to find the difference in compound interest when compounded yearly and half-yearly.
Formula:
Compound Interest (CI) = P[1 + R/n]^(nt)
where n is the number of times the interest is compounded per year.
Calculation:
For yearly compounding:
n = 1
t = 11/2 years
CI = P[1 + R/n]^(nt)
CI = 5000[1 + 4/100]^1.5
CI = 5000[1.04]^1.5
CI = 5000[1.061216]
CI = Rs. 5306.08
For half-yearly compounding:
n = 2
t = 11/2 years
CI = P[1 + R/n]^(nt)
CI = 5000[1 + 4/100]^3
CI = 5000[1.02]^3
CI = 5000[1.061208]
CI = Rs. 5304.04
Difference in compound interest = Rs. (5306.08 - 5304.04) = Rs. 2.04
Therefore, the difference in compound interest when compounded yearly and half-yearly is Rs. 2.04.
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Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer?.
Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q. .a)Cb)Bc)Ad)DCorrect answer is option 'A'. Can you explain this answer?.
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