How much interest will TK. 2,000 earn at annual rate of 10% in one year if the interest is compounded every 6 months ?

Created: 7 years ago | Updated: 1 month ago

Updated: 1 month ago

200

210

220

None of these

Bangladesh Bank Bangladesh Bank - Assistant Director - 2001 গণিত সরল ও যৌগিক মুনাফা (Simple & Compound interest)

Des

2.2k

Best Ans:

6 month interest rate = 10/2 % = 1/20 Interest = C - P = p(1 + r)^n - p = 2000(1 + 1/20)^2 - 2000 = 2000*21/20*21/20 - 2000 = 2205 - 2000 = 205

7 years ago

1 0

Md Azizur Rahman

FOUNDER OF SATT

গণিত

Content added by

Content updated By