= 21000 19
20
= 19,950
TRY THESE
Amachinery worth 10.500 depreciated by 5% Find its value after one year
Find the population of a city after 2 years, which is at present 12 lakh, if the rate
of increase is 49
6
M
EXERCISE 8.3
Calculate the amount and compound interest on
원
(a) * 10,800 for 3 years at 12% per annum compounded annually.
125%
18,000 for 2 years at 10% per annum compounded annually.
(c) 62,500 for 12 years at 8% per annum compounded half yearly.
(d) *8,000 for 1 year at
at 9% per annum compounded half yearly.
(You could use the year by year calculation using SI formula to verify).
(e) $10,000 for 1 year 48% per annum compounded half yearly.
from Bant to buy a conter at a rate of 15% pa