Self Studies

Basics of Finan...

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  • Question 1
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    If $$1000$$ dollars is deposited in a bank account for $$4$$ years at $$8$$% per annum. 

    Calculate interest using compound interest formula.

  • Question 2
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    A sum of Rs.$$15,000$$ is invested for $$3$$ years at $$13$$ % per annum compound interest. Calculate the compound interest.

  • Question 3
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    Raman borrowed Rs.$$1,20,000$$ for $$4$$ years at $$8$$ % per year compound interest. Calculate the final amount at the end of four years.

  • Question 4
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    Find the compound interest on Rs. $$2,000$$ for $$3$$ years, compounded annually at $$12\%$$ per annum.

  • Question 5
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    A sum of Rs.$$100,000$$ is invested for $$4$$ years at $$13$$ % per annum compound interest. Calculate the interest.

  • Question 6
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    Find the rate which will amount to Rs. $$12,100$$ in two years, if the principle amount was Rs $$10,000$$.

  • Question 7
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    A car which costs $$\text{Rs. } 3,50,000$$ depreciates by $$10$$% every year. What will be the worth of the car after three years?

  • Question 8
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    Madhavi bought a scooter for $$Rs. 40,000$$ but she does not have enough money to pay all at once. The shopkeeper says that she can divide the cost into 4 equal monthly instalments but she would have to pay $$Rs.100$$ extra each month for 4 months. What is this additional amount paid by Madhavi to the shopkeeper called as and calculate the total extra amount at the end of 4 months paid by Madhavi?

  • Question 9
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    Belose Infrastructures  just issued 10 million Rs100-par bonds payable carrying 8% coupon rate and maturing in 5 years. The bond indenture requires GI to set up a sinking up to pay off the bond at the maturity date. Semi-annual payments are to be made to the fund which is expected to earn 10% per annum. Find the amount of required periodic contributions.

  • Question 10
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    The simple interest at $$x\%$$ for $$x$$ years will be Rs. $$x$$ on a sum of _________.

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