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12970. Step by step video, text & image solution for What will Rs. 5000 amount to in 10 years, compounded annually at 10 % per annume ? ["Given "(1.1)^(10)=2.594] by Maths experts to help you in doubts & scoring excellent marks in Class 11 exams.
After 2 years amt will be 10000×(1.1)^2=12100,and after 2 years 3months it will be 12100×(1+. 3/12)=12100×1.025=12402.50,so compound interest for the period is Rs. 402.50. What is the compound interest of Rs. 8,000 at 10% per annum for 2 years if the interest is half yearly?
If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.
If a $1,000 investment is held for five years in a savings account with 10% simple interest paid annually, the FV of the $1,000 equals $1,000 × [1 + (0.10 x 5)], or $1,500.
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