How much interest will TK. 1000 earn in one year at the annual interest rate of 20% if interest rate is compounded every 6 months ?

Created: 6 years ago | Updated: 3 years ago

200

205

110

208

210

Bangladesh Bank Bangladesh Bank - Assistant Director - 2010 গণিত সরল ও যৌগিক মুনাফা (Simple & Compound interest)

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p' = p ( 1 + r/m)^nm

= 1000 (1 + .20/2)²

= 1000 * (1.1)² = 1210

p, - p = 1210 - 1000 = 210

6 years ago

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Md Azizur Rahman

Founder of Satt

সরল ও যৌগিক মুনাফা (Simple & Compound interest)

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How much interest will TK. 1000 earn in one year at the annual interest rate of 20% if interest rate is compounded every 6 months ?

সরল ও যৌগিক মুনাফা (Simple & Compound interest)

Related Question

1. What is the opposite of "LIABILITY"?

2. The phrase 'Achilles' heel' means:

3. He worked "with all sincerity". the underlined phrase is ----

4. A degree in economics ____ his door to many jobs. (Fill in the blank)

5. He advised us to desist _____ that attempt. (Fill in the blank)

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How much interest will TK. 1000 earn in one year at the annual interest rate of 20% if interest rate is compounded every 6 months ?

সরল ও যৌগিক মুনাফা (Simple & Compound interest)

Related Question

1. What is the opposite of "LIABILITY"?

2. The phrase 'Achilles' heel' means:

3. He worked "with all sincerity". the underlined phrase is ----

4. A degree in economics ____ his door to many jobs. (Fill in the blank)

5. He advised us to desist _____ that attempt. (Fill in the blank)

Bangladesh Bank

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Download Our Mobile Apps

Satt policy

Main Features

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