Anil Kumar took a loan of Rs. 20,000 from bank at the rate of 8% per annum. At the end of 2 years, how much compound amount should he pay if the interest was compounding half-yearly? ​

Answers

Answer 1

Anil Kumar should pay a compound amount of Rs. 23,397.12 at the end of 2 years.

Compound interest is a method of calculating interest where the interest earned is added to the principal amount, and the resulting sum becomes the new principal for the next period's interest calculation. This process is repeated until the end of the investment period.

The formula to calculate the compound interest is:

[tex]A = P(1 + r/n)^(^n^t^)[/tex]

Where,

A = Amount after the given time

P = Principal amount (initial investment)

r = Annual interest rate (as a decimal)

n = Number of times the interest is compounded per year

t = Time duration for which the interest is calculated (in years)

In this case, Anil Kumar took a loan of Rs. 20,000 from a bank at the rate of 8% per annum, compounded half-yearly, for 2 years. Therefore, we can plug in the values as follows:

P = Rs. 20,000

r = 8% per annum = 0.08 (as a decimal)

n = 2 (since the interest is compounded half-yearly)

t = 2 years

Now, we can calculate the compound amount using the above formula:

[tex]A = P(1 + r/n)^(^n^t^)[/tex]

[tex]A = 20,000(1 + 0.08/2)^(^4^)[/tex]

[tex]A = 20,000(1 + 0.04)^4[/tex]

[tex]A = 20,000(1.04)^4[/tex]

[tex]A = 23397.1712[/tex]

Therefore, Anil Kumar should pay a compound amount of Rs. 23,397.123 at the end of 2 years.

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Related Questions

please help it is due today

Answers

Answer:

-7n - 3

General Formulas and Concepts:

Pre-Algebra

Distributive Property

Algebra I

Combining Like Terms

Step-by-step explanation:

Step 1: Define Expression

5n - 3(4n + 1)

Step 2: Simplify

Distribute -3:                    5n - 12n - 3Combine like terms:        -7n - 3
alright so you need to distribute

distribute the -3

-3x4n= -12n

-3x1= -3

put the equation together

5n-12n-3

combine like terms: 5n-12n= -7n

so it’d be -7n-3


hope this helps

Which definition represents positive numbers and negative numbers in terms of positive numbers?
Positive numbers are greater than zero. Negative numbers are less than or equal to zero.
B
Positive numbers are greater than or equal to zero. Negative numbers are less than zero.
С
Positive numbers are greater than zero. For every positive number, there is a negative number that is its opposite.
D
Positive numbers are greater than or equal to zero. For every positive number, there is a negative number that is its opposite.

Answers

Answer:

D: Positive numbers are greater than or equal to zero. For every positive number, there is a negative number that is its opposite.

Step-by-step explanation:

Esme wants to make a rectangular pen for her chickens. She has 140 feet of fencing available to use. She wants to put the pen against the side of her barn. In other words, one side of the pen does not need fencing. Determine the maximum possible area she can create.

Answers

Answer:

2450 square feet

Step-by-step explanation:

We can first draw a rectangle with one side labeled Esme's wall. Then on one of the sides perpendicular to the "wall", we can assign a variable "x" for its length. The opposite of that side must have the same length "x". The unlabeled side that is opposite to the wall must have a length of "140-2x" because only 140 feet of fencing is available.

The area of a rectangle is equal to its length times its width, so the area of Esme's pen must equal "x" times "140-2x". If we graph this on a graphing calculator, we get a concave-down parabola. Since the input (x-axis) of this graph is the length of "x" and the output (y-axis) is the area Esme's pen, the highest y-value (which is the y-value of the vertex) will be the highest area that she can create. The vertex of this graph is (35, 2450), so the maximum area is 2450 square feet.

The non-calculator method involves expanding the expression "x(140-2x)" and finding the vertex through converting the expression to vertex form. (but... I'm too lazy to write out the vertex form for this expression so sorry no work here)


Find the 11 term of the following geometric sequence.
10, 30, 90, 270, ...

PLEASE I NEED HELP

Answers

Solution:

T1(a) = 10, common ratio (r) = [tex] \frac{30}{10} = 3[/tex] T11 = ?

Formula for finding the nth term of a GP: [tex]t_{n} = a {r}^{n - 1} [/tex]

To find T11:

[tex]⟹t_{11} = 10 \times {3}^{11 - 1} [/tex]

[tex] ⟹t_{11} = {10 \times 3}^{10} [/tex]

[tex] ⟹t_{11} = 10 \times 59049[/tex]

Therefore:

[tex] t_{11} = 590490[/tex]

What is the equation in slope-intercept form of the line that passes through the point (4, 1) and is parallel to the line represented by y=−2x+3?

Answers

Answer:

y = -2x+1

Step-by-step explanation:

Answer:

-2x+1

Step-by-step explanation:

Find the slope of given equation

Answers

Answer:

i am not sure i think its either c or b

Step-by-step explanation:

The answer is C I’m not sure tho but I think it is

is this right? plz answer only if you know!

Answers

Answer:

Yes, I learned that like 1 week ago :D

Step-by-step explanation:

How do you do this geometry

Answers

Answer:

y = 62

z = 35

Step-by-step explanation:

Basically, you know one of the angles, that is 62. And since y is the same angle as 62 that would also be 62. And since the straight line is 180, just subtract 180 - 62, and that equals 118. So, then I just tried to find numbers that when multiplied by 6, and then subtracted by 92, equal 118. Honestly, z was just a guessing game for me. But I do know that I got the right answer, i just didn't figure it out the right way lol.

Good luck!

Answer:

y = 118°

z = 35

Step-by-step explanation:

All 8 of the angles formed by these three lines are only two different measures. They are all either 62° or

(180°-62°) 118°.

Also, any two of the angles are either the same or they add up to 180°.

The angle marked y° and the 62° angle are called "consecutive" angles or "same-side interior angles. They add up to 180°

y + 62° = 180°

y = 118°

The angle marked y° and the angle marked (6z - 92)° are called "vertical angles" and they are equal.

6z - 92 = 118°

add 92.

6z = 210°

Divide by 6.

z = 35

A jogger runs on a path at a speed of 0.075 miles per minute. A second jogger starts 5 minutes later from the same spot, but runs at a rate of 0.1 miles per minute. Create a pair of parametric equations to represent the paths of the joggers. How far down the path from the starting point does the second runner overtake the first runner?

Answers

Answer:

1.5 miles

Step-by-step explanation:

graph on desmos graphing calculator

(0.075t, 0.1t-5)  

The second runner will overtake after 1.5 miles.

What is an Equation?

An equation is a mathematical statement that is formed when two algebraic expressions are equated using an equal sign.

Let t represent the time taken at which both the joggers meet

Then the distance covered is given by

For jogger A = 0.075 t

For jogger B = 0.1 (t-5)

0.075 t = 0.1t - 0.5

0.025t = 0.5

t = 20 seconds

The distance at which they meet is

=0.075 * 20

= 1.5 miles

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let f(x)= 4x-6 and g(x)= 3x-2. find f(x)-g(x)

Answers

Answer:

x - 4

Step-by-step explanation:

f(x) - g(x) = (4x - 6) - (3x - 2)

distribute the minus sign

4x - 6 - 3x + 2

x - 4

A spinner has four sections: A, B, C, and D. as shown in the diagram below. Half of the
spinner is section A and the remaining half of the spinner is split evenly among the three
remaining sections,
B
A
D
A player has to pay US$3 to spin cach time. The prize for landing on each section is given
as follows
gae .
Section
A
B
D
Prize (USDS)
2
4
7
1
Determine whether the game is fair and justify your answer

Answers

Answer:

no

Step-by-step explanation:

no because the player is most likely to loose lose money considering that A has a 0.5 probability and its value is 2$ while the cost of playing is 3$ the biggest profit is 4$ if the player only plays once and it lands on C and the player takes 7$ while losing 3$ .

Alladin's Amusement Park has a popular roller coaster ride. There are 2 trains. Each train has 7 cars. Each car holds 16 people. In one hour, each train makes 10 runs without no empty seats. How many people can ride the roller coaster in one hour?

Answers

Answer:

224

Step-by-step explanation:

Number of trains in the roller coaster = 2

Number cars in each train = 7

Total number of cars = Number of trains [tex]\times[/tex] Number of cars in each train = [tex]7\times 2[/tex] = 14

Number of people in each car = 16

Total number of people in 14 cars = Number of people in one car [tex]\times[/tex] Number of cars = 16 [tex]\times[/tex] 14 = 224

i.e.

Total number of people in the roller coaster in one run = 224

Number of runs made by each train in one hour = 10

Therefore, Total number of people that can ride the roller coaster in one hour can be found by multiplying the number of runs with total number of people in the roller coaster in one run.

224 [tex]\times[/tex] 10 = 2240

I WILL MARK AS BRAINLIEST PLEASE ANSWER FAST

Twice a number added to a smaller number is 5. The difference of 5 times the smaller number and the larger number is 3. Let x represent the smaller number and y represent the larger number. Which equations represent the situation?


2 y + x = 5. 5 x minus y = 3.

2 x + y = 5. 5 y minus x = 3.

2 y + x = 5. y minus 5 x = 3.

2 x + y = 5. x minus 5 y = 3.

Answers

It would be 89 Bc u multiples it all up

Answer:

the answer is A

Step-by-step explanation:

i got the answer right

Which of the following is NOT an example of a plant adaptation towards success in their habitat.

Question 1 options:

A.Colored flowers attract pollinators to scatter their seeds.


B.Plants grow thorns to repel grazers to prevent damage.


C.Plants grow towards light as they compete fro resources.


D.Plants take in water for photosynthesis. Will give bnrainliest just help me plzz

Answers

Answer:

d. plants take in water for photosynthesis

Step-by-step explanation:

an adaptation would be a way the plant has adapted in response to a specific environment

all plants take in water for photosynthesis, so it's not an adaptation to a habitat since plants in all habitats do that

HELP ME AGAIN PLEASE

Answers

Answer in simplest form: 5/21

(If u want explanation ask in the comments I will reply asap)

Answer:

[tex]\frac{5}{21}[/tex]

Step-by-step explanation:

To add, you need a common denominator. Let's use 63.  We need to write an equivalent fraction for [tex]\frac{1}{9}[/tex]

[tex]\frac{1}{9}[/tex] = [tex]\frac{x}{63}[/tex]  What do we need to multiply 9 by to get 63?  7.  So we multiply the top number 1 by 7 to get 7

[tex]\frac{7}{63}[/tex]

Now add the fractions together

[tex]\frac{7}{63}[/tex] + [tex]\frac{8}{63}[/tex] = [tex]\frac{15}{63}[/tex]  Divide the top and bottom by 3

[tex]\frac{5}{21}[/tex]

Write and solve an equation for seven less than fou
times a number is 29.

Answers

The answer is 9. 4(9) -7=29

given a point A is on a coordinate plane in quadrant I. if it is rotated 90° counter clockwise then reflecred across the y axis. What quadrant will point A be in​

Answers

Answer:

it would be -90⁰ because its clockwise its the opposite direction

PLEASE HELP !!!!!!!!!!!! I WILL MARK BRIANLIEST CORRECT ANSWER !!!!!!!!!!!

Answers

Answer:

59°

Step-by-step explanation:

According to the given description, [tex] \angle QRS[/tex] is the exterior angle of [tex] \triangle PQR[/tex]

So, by exterior angle property of a triangle, we have:

[tex] m\angle QRS=m\angle RPQ+m\angle PQR\\\\

(10x - 1)\degree = (3x +17)\degree+(2x +12)\degree\\\\

(10x - 1)\degree = (3x +17+2x +12)\degree\\\\

(10x - 1)\degree = (5x +29)\degree\\\\

(10x - 1)= (5x +29)\\\\

10x - 5x = 29 + 1\\\\

5x = 30\\\\

x = \frac{30}{5}\\\\

x = 6\\\\

\because m\angle QRS = (10x - 1)\degree \\\\

\therefore m\angle QRS = (10\times 6- 1)\degree \\\\

\therefore m\angle QRS = (60- 1)\degree \\\\

\huge\orange{\boxed{\therefore m\angle QRS = 59\degree }}\\

[/tex]

Which equation has exactly 1 solution?


a

6-2x=4x


b

6x-2x=4x


c

4x=2(3x-x)


d

4x=2(2x-3)

Answers

Answer:

a

Step-by-step explanation:

6-2x=4x

-2x-4x= -6

-6x= -6/(-6)

x=1

the only one that has a number with out an x

Answer:

A and x=1

Step-by-step explanation:

Order the numbers from least to greatest.

|-3|, 4, |-7|, -4, 0

Answers

Answer:

-4, 0, |-3|, 4, |-7|

Answer:

0,-3,4,-7,-4

Step-by-step explanation:

because the absolute value signs always come out postive

Lori had $126.89 in her bank account. She deposited $21.49 into it and then wrote a check for her car repairs for $156.61. What was the ending balance in her account? (Answers are pinned below.)​

Answers

Answer:

$-8.23

Step-by-step explanation:

126.89+21.49-156.61

-8.23

Hope this helps plz hit the crown ;D

Find the value of y so that the distance between the points (4, y) and (10, 9) is
equal to 10.

Answers

Answer:

6

Step-by-step explanation:

raise d to the 8th power, then divide 3 by the result

Answers

Answer:

d^8/3

Step-by-step explanation:

thats pretty much the answer

does anyone know the answers for 1-5?

Answers

the first one is 8x+12
1. 8x + 12
2. 5x + 10
3. 6(x +3)
4. 5(3x+2)
5. 7(3x+1)

с
1.1 mm
5.2 mm
What is the length of the hypotenuse?

Answers

Answer:

[tex]\sqrt{28.25}[/tex]

Step-by-step explanation:

Use the Pythagoran Theorem

Answer:

Step-by-step explanation:

a^2+b^2= c^2

1.1^2+ 5.2^2= c^2

1.21+ 27.04= c^2

28.25=c^2

PLS HELP I AM STRUGGLING

Answers

The domain is Domain = {-2 <= x <= 0}, the range is Range = {0 <= y <= 2} and the relation is a function

How to determine the domain of the function?

From the function, we have the following observations:

The endpoints of the curve are:(-2, 0) and (0, 2)The  curve do not extend more than the endpoint.

This means that the domain is

Domain = {-2 <= x <= 0}

How to determine the range of the function?

From the function, we have the following observations:

The endpoints of the curve are:(-2, 0) and (0, 2)The  curve do not extend more than the endpoint.

This means that the range is

Range = {0 <= y <= 2}

How to determine if the relation is a function?

From the curve, we can see that each x value has exactly one y value

This means that the relation is a function

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Please provide the answer and explain

Answers

Answer:

The answer is C. -2

Step-by-step explanation:

The formula for slope is referred to "rise over run". So in this case you rise 2 over one (2/1) That gives you 2. But since the line is going down is -2

I think it’s c!!!!!!!!!!!

Please show work(15 points)
a map of Connecticut is drawn to a scale where 2 inches on the map represents 35 miles. if Greenwich and Stonington are 105 miles from each other how far apart do they appear on the map

Answers

Answer: 6 inches

Step-by-step explanation:

2 inches = 35 miles, so, 105 divided by 35 which is three, then 3 x 2  = 6

you're welcome

The air temperature is −6℃ at sunrise and rises 4℃ every hour for several hours. The air temperature after x hours after sunrise is represented by the function f(x)=4x-6. Use intercepts to graph the function and interpret the intercepts in context.

Answers

Answer:

Step-by-step explanation:

F(x)=4x-6

It will start at -6C and every hour we will be going up by 4

16) The following scores were recorded on a Unit Exam:
76, 80, 80, 80, 80, 84, 84, 88, 92, 92, 92, 92, 92, 96, 96, 96, 100, 100, 100, 100
The student who scored an 88 fell in which quartile?
a) 1st quartile
b) 2nd quartile
c) 3rd quartile
d) 4th quartile

Answers

Answer:

Step-by-step explanation:

There are 20 scores.

The median is 92 and first quartile is at 82 and below.

So, 88 is in 2nd quartile.

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