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Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

  • Rs. 8510
  • Rs. 8620
  • Rs. 8730
  • Rs. 8820
Similar Questions :

1. On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases.

  • 8%
  • 9%
  • 10%
  • 11%

2. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

  • Rs. 8510
  • Rs. 8620
  • Rs. 8730
  • Rs. 8820

3. What will be the compound interest on Rs. 25000 after 3 years at the rate of 12 % per annum

  • Rs 10123.20
  • Rs 10123.30
  • Rs 10123.40
  • Rs 10123.50

4. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

  • Rs 2520
  • Rs 2521
  • Rs 2522
  • Rs 2523

5. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years

  • 3%
  • 4%
  • 5%
  • 6%
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