What will be the amount to be paid at the end of 7 years on Rs. 3500 a – McqOptions

MCQOPTIONS

1.	What will be the amount to be paid at the end of 7 years on Rs. 3500 at 2% per annum compounded annually?
A.	4428.5
B.	3456.89
C.	4229.56
D.	4020.39
Answer» E.

Discussion

No Comment Found

Related MCQs

What will be the amount to be paid at the end of 18 months on Rs. 12000 at 4% per annum compounded quarterly?
A sum is taken for 1 years at 10% per annum. If the interest is compounded every 3 months, how many times will the interest be charged in 1 year?
A sum is taken for 2 years at 12% per annum. If the interest is compounded every 6 months, how many times will the interest be charged in 1 year?
What will be the rate for a sum taken for 1 years at 10% p.a. compounded quarterly?
What will be the time period for a sum taken for 4 years 4 months at 10% p.a. compounded quarterly?
What will be the rate for a sum taken for 5 years at 8% p.a. compounded half-yearly?
What will be the time period for a sum taken for 3 years at 12% p.a. compounded half-yearly?
A man took loan of Rs. 65,250 from HSBC Bank. If the rate of interest is 9% p.a., then what will be the difference in the amounts he would be paying after 1 year if the interest is compounded quarterly and compounded annually?
What will be the amount to be paid at the end of 3 year on Rs. 500 at 10% per annum compounded half-yearly?
What will be the amount to be paid at the end of 7 years on Rs. 3500 at 2% per annum compounded annually?