**Learn and Practice Free Compound Interest Set 5 questions **

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#### The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:

Option 1: 3

Option 2: 4

Option 3: 5

Option 4: 6

Option 5:

#### Give an investment of $13200,compound amount of $22680.06 invested for 8 years,what is the interest rate if interest rate is compounded anually?

Option 1: 6%

Option 2: 7%

Option 3: 8%

Option 4: 9%

Option 5:

#### Given an amount needed(future value) of $3300 in 4 years at an interest rate of 11% compounded anually,Find the present value and the amount of interest earned

Option 1: 1126.19

Option 2: 1237

Option 3: 2863

Option 4: 1892

Option 5:

#### On a sum of money, the simple interest for 2 years is Rs. 660,while the compound interest is Rs.696.30,the rate of interest being the same in both the cases. The rate of interest is

Option 1: 10%

Option 2: 11%

Option 3: 12%

Option 4: 13%

Option 5:

#### $10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

Option 1: 1710.29

Option 2: 2710.29

Option 3: 3710.29

Option 4: 4710.29

Option 5:

#### The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is

Option 1: 2 Years

Option 2: 3 Years

Option 3: 4 Years

Option 4: 5 Years

Option 5:

#### Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.

Option 1: Rs.2522

Option 2: Rs.2422

Option 3: Rs.3522

Option 4: Rs.2322

Option 5:

#### Albert invested an amount of Rs.8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit ?

Option 1: Rs.8600

Option 2: Rs.8830

Option 3: Rs.8500

Option 4: Rs.8820

Option 5:

#### The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is

Option 1: Rs.4000

Option 2: Rs.500

Option 3: Rs.600

Option 4: Rs.800

Option 5:

#### Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is

Option 1: Rs.1650

Option 2: Rs.1550

Option 3: Rs.1750

Option 4: Rs.1850

Option 5:

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