(3) * 8000 (4) 9000 The simple interest earned on an amount of 1000000 at the rate of interest 11% per annum for three years is found to be A. If B is the compound interest earned on the same amount for same duration and same rate of interest, then what will be the difference of A and B (in ?)? (1) 36731 Kapil invests 12000 for 3 years at 10% per annum compound interest in Bank of Baroda. Calculate : the compound interest after three year. (1) 3972 (2) 53731 (3) 37631 (4) 34631 (2) 1320 (3) 1452 (4) None of thoro
(3) * 8000 (4) 9000 The simple interest earned on an amount of 1000000 at the rate of interest 11% per annum for three years is found to be A. If B is the compound interest earned on the same amount for same duration and same rate of interest, then what will be the difference of A and B (in ?)? (1) 36731 Kapil invests 12000 for 3 years at 10% per annum compound interest in Bank of Baroda. Calculate : the compound interest after three year. (1) 3972 (2) 53731 (3) 37631 (4) 34631 (2) 1320 (3) 1452 (4) None of thoro
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 11T: Suppose that $12,000 is invested in a saving account paying 5.6% interest per year. (a)Write the...
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