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Find the compound interest on Rs 6400 for 2 years, compounded annually at 7.5% per annum.

ARs 1006

BRs 990

CRs 1000

DRs 996

Answer:

D. Rs 996


Related Questions:

The compound interest on a sum for 4th year is ₹ 6000 and compound interest for 5th year is ₹ 6750(interest is compounded annually). What is the rate of interest?
The difference between simple and compound interests, compounded annually, on a certain sum of money for 2 years at 5% per annum is ₹1,600. Find the sum (in ₹).
2 വർഷത്തേക്കുള്ള 10000/- രൂപയ്ക്കുള്ള സാധാരണപലിശ 2400 രൂപ ആണെങ്കിൽ അതേമൂലധനത്തിന് 2 വർഷത്തെ കൂട്ടുപലിശ എത്രയാണ്?
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]
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