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Compound Interest is the interest which gets compounded in Specified time periods..
The formula for solving Compound Interest problems is as follows:
A=P(1+R/100)n
Where,
A= Amount after Including Compound Interest
P= Principle
R= Rate %
n= Time Period
For Calculating Compound Interest:
CI=A-P
Where,
CI= COmpound Interest
A= Amount
P= Principle
For Eg: If Rs 1000 is lend @ 10% Compounded Anually for 2 years, then calculation will be done as follows:
A= 1000 (1+10/100)2
= 1000 (1.1)2
= Rs 1210
& Compound Interest will be A-P i.e. Rs 1210-1000= Rs 210.
Also, Whenever Compounded Half Yearly or Compounded Quarterly is given, the rate will be divided by 2 & 4 respectively & time period will be multiplied by 2 & 4 respectively.
For Eg: if in the above eg, Compounded Half yearly is given, then
take R= 5%, n = 4 years (4 half years in 2 years)
& if Compounded Quarterly is given, then,
take R= 2.5%, n= 8 (8 quarters in 2 years)
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∙ 14y ago
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To solve a problem for a 9th standard student in compound interest?
A man Iinvests 5000 for 2 years at compound intrest. After 1 year his money amounts to 5150. Find the intrest for the second year.
What is the answer to this algebra question and how do you solve it?
Showing the question would help to solve it.
How do you solve interest when it is not compound?
This is called Simple Interest. The formula is A= P(1+rt) where P is the Principal, r is the Rate and t the time in years. eg $1000 at 4% over 5 years A=1000 (1+0.04*5) where * means multiply = 1000 (1.20) = $1200
How do you solve for p?
Do you have a specific problem for this question? Because when a question asks for you to "solve for p" they will put it in the form of an algebraic equation, for example, 1 + p = 5 .. In that case you are trying to find out all the values for p which would fit in, here being 4.
How do you solve octa-hexadecimal?
That depends what you want to "solve" for - in other words, what the question is. For example, whether you want to:* Convert from hexadecimal to decimal* Convert from decimal to hexadecimal* Count in hexadecimal* Add hexadecimal numbers* etc.
How do you solve compound interest formula for n?
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
To solve a problem for a 9th standard student in compound interest?
A man Iinvests 5000 for 2 years at compound intrest. After 1 year his money amounts to 5150. Find the intrest for the second year.
How do you solve for the molecule of a compound?
Spectroscopy
How do you solve compound interest on c language easily?
sg like this: input= 100.0; years= 7; percent= 4; output = input * pow (1.0 + percent/100.0, years);
What is the answer to this algebra question and how do you solve it?
Showing the question would help to solve it.
What is interest of 285.76 if the interest rate is 18 percent?
Actually whenever we ask any question related to interest , we always require the time period also . On how much long time period , you want the interest . But , if time is not mentioned in question , then by default we take it as one year . So , we can solve it by using the formula I=(P*R*T)/100 . So , the answer of this quetion is 51.4368 .
What is an example of a really hard math question?
3/0=? solve that one w/o creating a black hole
How do you solve interest when it is not compound?
This is called Simple Interest. The formula is A= P(1+rt) where P is the Principal, r is the Rate and t the time in years. eg $1000 at 4% over 5 years A=1000 (1+0.04*5) where * means multiply = 1000 (1.20) = $1200
How do i solve an equation with a fraction in it Eg. 5x-166x-56. find the value of x?
I will be able to answer this question if you give me a equation as an example.
What is homogenous in maths please give example please solve my this problem?
Homogeneous means "the same". As for the rest, it might help to have the question.
How do you solve for p?
Do you have a specific problem for this question? Because when a question asks for you to "solve for p" they will put it in the form of an algebraic equation, for example, 1 + p = 5 .. In that case you are trying to find out all the values for p which would fit in, here being 4.
How do you solve muitiplication equations?
Your question lacks precision in its expression, but basically you divide the both sides by the coefficient of the unknown. Example: solve 3x = 15. Divide both sides by 3 to get x = 5.
