Compound Interest Shortcuts, Tricks, Tips, & Results-2
Compound Interest Shortcuts, Tricks, Tips & Results-2 In this article, we pick up from where we left in the previous article and cover Compound Interest Shortcuts that you can employ in exams. We cover an extremely useful set of compound interest shortcuts, tips,... Compound Interest Tricks, Tips, Shortcuts and Results-1
Compound Interest Tricks, Tips & Results-1 In the first two articles for Compound Interest, we have covered the important concepts for this topic. In this article, we shift our focus from concepts to Compound Interest tricks. The focus of this article is purely to... Compound Interest Examples, Calculations & Applications
Learn the applications of for the topic through Compound Interest Examples The first article for compound interest was all about the basics and essentially explained the compount interest formula. In this article, we use compound interest examples in order to... What is Compound Interest? Basic Concepts, Formula & More
What is Compound Interest? Let’s explore the basic concepts for Compound Interest Compound Interest is part of the wider topic of Interest. In the first part of this topic, we learned about Simple Interest. Well, simple interest is not the only interest...
Interest and Installment Exercise
Question 1: Four equal installments, each of Rs. 500, were paid at the end of the year on a sum borrowed at 10% compounded annually. Find the sum (correct up to 2 decimal place). a. Rs. 1584 b. Rs. 1456 c. Rs. 1390 d. Rs. 1595 Answera and Explanation Option a Rate=...
