si- years/monthd
What is the interest on BD8,400 invested for 6 years at 7% simple interest?
BD 3528
Si=8400 * 7%*6= BD 3528
Mr. Isa invested BD 3500 at 2.5% for 150 days. Find the trade simple interest rate and amount?
Si = BD 36.458 , A= 3536.458
si=3500*2.5%*150/360=36.458
a=3500+36.458=3536.458
Find the value of (1.095)75?
90.377
Find the compound interest for BD10000 invested at 8% annually compounded three times for 3 years?
i=8/3=2.667%
n=3*3=9
=10000(1+2.667%)9
=10000(1.2673)
=12673
ci=12673-10000=2673
Hasan deposited an amount of money in a bank at 3% annually. If the compound amount at the end of 7 years is BD4919.495, calculate the principal?
p=4919.495 / (1+3%)7
=4919.495 / 1.22987
=4000
Nasser has a deposit account with the interest rate 3.3% in a bank.if he deposits BD 1,200 – how much will he have after 10 months?
SI= BD 33,P= BD 1233
si=1200*3.3%*(10/12)=33
A=1200+33=1233
Mr. Khaled invested BD 9000 at 5% for 250 days. Find the Exact simple interest rate and amount?
Si=BD 308.219, A=BD 9308.219
si=9000* 5%*250/365=308.219
a=9000+308.219=9308.219
Find the compound amount for BD 1500 invested for 5 years at 5% annually for 3 years ?
Ca= BD 1,736.437, Ci=236.437
Nasser wants to borrowBD70,000 from a bank to buy a new house, if you know that the interest rate is 12% annually compounded monthly. Find how much he paid to the bank at the end of 10 years?
i=12/12=1% N=10*12=120
CA=70000(1+1%)120
=70000(3.3004)
=231028
ci=161028
Ali deposited an amount of money in a bank at 5% annually. If the compound interest at the end of 10 years is BD5231, calculate the principal?
P=5231/((1+5)10-1)
=5231/(1.62889-1)
=5231/0.62889
=8317.830
CA= 5231+8317.830
=13548.830
BD7,500 is deposited at 12% per year .find the balance after 2 years and 5 months.
Si= BD 2175, A= BD 9,675
si=7500*12%*(2+5/12)=2175
a=7500+2175=9675
Ahmed borrowed KD4,500 at 3% for 175 days, how much he will be paid at the end?
Si=KD 64.726, A= 4564.726
si=4500*3%*175/365=64.726
a=4500+64.726=4564.726
Find the number of periods for 8% annually compounded thirdly for 5 years?
=5*3=15 times
Ali deposited BD 2500 in a bank at 8% annually compounded semi-annually find his fund at the end of three years and 9 months, and find the compound interest ?
i=8/2=4%,n=(3+9/12)=3.75*2=7.5
=2500(1+4%)7.5
=2500(1.3420)
=3355
ci=3355-2500
=855
A principal of BD3000 invested at 4% annually, how long would it take to make the amount to BD 5639.084?
N=log ( 5639.084/3000) / log (1+4%)
N=log ( 1.8797) / log (1.04)
N=0.27408 / log 0.01703
N=15.8
If you want to invest BD1,000 at 4.5% form today until next year, how much you will earn at the end?
Si= BD45, A= BD 1,045
si=1000*4.5%*1=45
a=1000+45=1045
Find the difference between the exact and the trade interest for BD 3301 at 3⅛% for 100 days ?
Trade Si= BD 28.645,A= BD 3329.645
Exact Si= BD 28.261,A= BD 3329.261
Difference=28.645-28.261 BD 0.384
If the annually rate is 9.5%, find the quarterly interest rate?
=9.5/4=2.375% quarterly
Find the compound amount for one unit monetary for 2 years at 12% annually compounded four times?
=1(1+4%)8=1.368
which type of interest is better and why for investing an amount of BD2500 by using exact and trade interest for 220 days at rate 6% annually? Trade is better because I will receive more money as interest :
Trade si= BD91.667,Exact si =BD90.410
"Trade" is better because I will receive more money as interest
If the partial interest rate is 4% compounded thirdly, find the annually rate?
=4*3=12% annually
On a child 9th birthday, his parents placed BD3700 in a bank under his name as an investment paying 8% annually compounded quarterly. How much money will he have on his 22nd birthday?
n=22-9=13*4=52
i=8/4=2%
CA=3700(1+2%)52
=3700(2.8003)
=10,361.111
ci=10361.111-3700
=6661.111