Results 1 to 4 of 4

Math Help - Compond Interest and Annuity doubt!?

  1. #1
    Newbie
    Joined
    Aug 2012
    From
    India
    Posts
    2

    Compond Interest and Annuity doubt!?

    1)Mr. Paul borrows 20000 on condition to repay it with C.I. at 5% p.a in annual installments of .2000 each. The number of years for the debt to be paid off is?

    2)A person invests 500 at the end of each year with a bank which pays interest at 10% p.a C.I. annually.The amount standing to his credit one year after he has made his yearly investment for the 12th time is?
    Follow Math Help Forum on Facebook and Google+

  2. #2
    MHF Contributor
    Joined
    May 2010
    Posts
    1,028
    Thanks
    28

    Re: Compond Interest and Annuity doubt!?

    post your attempt. you wont learn anything if we do it for you
    Follow Math Help Forum on Facebook and Google+

  3. #3
    Newbie
    Joined
    Aug 2012
    From
    India
    Posts
    2

    Re: Compond Interest and Annuity doubt!?

    I've solved it...Finally..
    Follow Math Help Forum on Facebook and Google+

  4. #4
    MHF Contributor
    Joined
    Dec 2007
    From
    Ottawa, Canada
    Posts
    3,102
    Thanks
    67

    Re: Compond Interest and Annuity doubt!?

    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Annuity problem solving for i (interest rate)
    Posted in the Business Math Forum
    Replies: 2
    Last Post: May 29th 2012, 06:46 PM
  2. Annuity with Simple Interest for Fractions of a Year
    Posted in the Business Math Forum
    Replies: 2
    Last Post: September 5th 2011, 10:24 PM
  3. Annuity compound interest
    Posted in the Business Math Forum
    Replies: 12
    Last Post: January 15th 2011, 03:31 PM
  4. compond angle formula and adding ac currents?
    Posted in the Trigonometry Forum
    Replies: 2
    Last Post: January 9th 2010, 03:43 AM
  5. Future Annuity with Compound Interest?
    Posted in the Algebra Forum
    Replies: 3
    Last Post: March 4th 2009, 05:22 PM

Search Tags


/mathhelpforum @mathhelpforum