0
Still curious? Ask our experts.
Chat with our AI personalities
Ezra
Rene
BlakeAdd your answer:
Earn +20 pts
How much time has elapsed of the interest is now 127.50?
The answer will depend on the amount invested and the interest rate. Information on neither is provided in the question.
Compound interest of 2 year is rs 156 and 3 year is rs 254 What is rate of interest?
Oh, dude, you're hitting me with the math questions now? Alright, let me break it down for you. So, if the compound interest for 2 years is Rs 156 and for 3 years is Rs 254, that means the interest for the third year is Rs 98 (254 - 156). To find the rate of interest, we need to calculate the interest for the first year, which would be half of the interest for 2 years (Rs 78). Then, we can divide this by the principal amount and multiply by 100 to get the rate of interest. Math can be fun, right?
How do you find the simple interest of a bank account?
The formula for simple interest is FV = PV * (1 + t*i) Where FV = Future Value PV = Present Value t = time i = interest rate As an example, suppose you have $100 now, the interest rate is 5%, and the time is 4 years. The future value is then FV = $100 * (1 + (4)*(0.05)) = $100 * (1 + 0.2) = $100 * 1.2 = $120 After four years, you will have $120.
How do you find the compound interest of a bank account?
The formula for compound interest is FV = PV * (1 + i) ^ t Where FV = Future Value PV = Present Value t = time i = interest rate As an example, suppose you have $100 now, the interest rate is 5%, and the time is 4 years. The future value is then FV = $100 * (1 + 0.05) ^ 4 = $100 * (1.05)^4 = $100 * 1.21550625 =~ $121.55 After four years, you will have $121.55. Note the answer has been rounded to the nearest cent.
Principal 8200 time 2.5 simple interest 3997.50 what is the rate?
I = PTR/100 so R = 100 I/PT in this case (100 x 3997.5)/(8200 x 2.5) ie 19.5%. This rate available now? Chance would be a fine thing!
