Compound Interest Quarterly
Compound Interest Quarterly
Calculating Interest Compound Quarterly:
In this case the rate is divided by 4 and the time in years is multiplied by 4.
1. Find the compound interest on Rs. 160000 for 12 months at 820% per annum, compounded quarterly.
Principal= Rs 160000
Time = 12 months
Rate = 20% = 5 % when compounded quarterly
Compound Interest = amount - principal
= 194481-160000
= 34481 Rs.
If 1,500.00 rupees is invested at a compound interest rate 4.3% per annum compounded quarterly for 72 months, find the compound interest? | |||
| Right Option : C | |||
| View Explanation | |||
A sum of 1,00,000 rupees compounded quarterly for 9 months at the rate of 4% per annum, then find the result of the expression | |||
| Right Option : A | |||
| View Explanation | |||
Find the compound interest on Rs. 160000 for one year at the rate of 20% per annum, if the interest is compounded quarterly? | |||
| Right Option : A | |||
| View Explanation | |||
Students / Parents Reviews [10]
My experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
Ayan Ghosh
8thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Hiya Gupta
8thA marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
Archit Segal
7thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Cheshta
10thI have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
Yatharthi Sharma
10thMy experience with Abhyas is very good. I have learnt many things here like vedic maths and reasoning also. Teachers here first take our doubts and then there are assignments to verify our weak points.
Shivam Rana
7thIt has a great methodology. Students here can get analysis to their test quickly.We can learn easily through PPTs and the testing methods are good. We know that where we have to practice
Barkha Arora
10thBeing a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
Prisha Gupta
8thIt was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
Eshan Arora
8thAbhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
