App Logo

No.1 PSC Learning App

1M+ Downloads
A principal amount of ₹8,000 is invested at an annual interest rate of 5% compounded half-yearly. What will be the compound interest earned after 4 years? [Use (1.025)8 = 1.2184]

A₹1,757.60

B₹1,747.20

C₹1,175.20

D₹1,475.60

Answer:

B. ₹1,747.20

Read Explanation:

₹1,747.20


Related Questions:

Find Rate of interest for the sum of 10000 for 2years componded annually amounts to Rs.40000?
Find the compound interest on an amount of ₹24,000 after three years, when compounded annually at the rate of 15% per annum.
30 cm വ്യാസമുള്ള ഒരു ഗോളത്തിൽ നിന്ന് 5 cm ആരമുള്ള എത്ര ഗോളങ്ങൾ ഉരുക്കിയെടുക്കാം?
2 വർഷത്തേക്ക് പ്രതിവർഷം 5% നിരക്കിൽ 20000-ൻ്റെ കൂട്ടുപലിശ എത്രയാണ്?
Raghu invests 5,00,000 in the name of his daughter, who is 16 years old, in a scheme that pays 5% compound interest per annum, compounded annually. What will be the total amount due to the daughter when she turns 18 years old?