Important Formulas
P - Principle
A - Amount
r - Rate of Interest
n - No of years
CI - Compound Interest
SI - Simple Interest
CI = P(1+(r/100))^n
SI=Pnr/100
A=P+SI
Compound Annually: CI = P(1+(r/100))^n
Compound Half Yearly : CI = P(1+(r/2)/100)^2n
Compound Quarterly: CI = P(1+(r/4)/100)^4n
Present Worth of Rs. x due in n years hence is given by:
Present Worth = x/(1+(r/100))^n
1 c
2 d
3 a
4 c
5 b
6 c
7 a
8 a
9 b
10 b
11 c
12 b
13 a
14 a
15 b
16 b
17 a
18 d
19 b
20 a
21 a
22 b
23 c
24 a
25 d
Post a Comment