# Learn and Practice Free Compound Interest Set 7 questions

## You can get answer of the below sample questions by going through the above Question sets.

#### How much money would you need to deposit today at 9% annual interest compounded monthly to have \$12000 in the account after 6 years?

Option 1: 9007
Option 2: 4007
Option 3: 7007.08
Option 4: 8007
Option 5:

Option 1: 424.36
Option 2: 524.56
Option 3: 545.36
Option 4: 456.36
Option 5:

#### Rs.100 doubled in 5 years when compounded annually. How many more years will it take to get another Rs.200 compound interest

Option 1: 3 Years
Option 2: 4 Years
Option 3: 5 Years
Option 4: 6 Years
Option 5:

Option 1: 8560
Option 2: 8673
Option 3: 8746
Option 4: 8780.8
Option 5:

Option 1: 1548
Option 2: 1348
Option 3: 1648
Option 4: 1748
Option 5:

Option 1: 4%
Option 2: 5%
Option 3: 6%
Option 4: 7%
Option 5:

Option 1: Rs 2
Option 2: Rs 3
Option 3: Rs 4
Option 4: Rs 5
Option 5:

Option 1: 17296
Option 2: 13296
Option 3: 19296
Option 4: 15296
Option 5:

#### In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually?

Option 1: 2 Years
Option 2: 3 Years
Option 3: 4 Years
Option 4: 5 Years
Option 5:

#### The difference between simple interest and compound interest on Rs. 1200 for one year at 10% per annum reckoned half yearly is

Option 1: Rs.2.50
Option 2: Rs.3
Option 3: Rs.4
Option 4: Rs.4.50
Option 5:

Practice Free Compound Interest Set 7 Questions online

By Practicing the below question set :
The student will get the basic and advanced knowledge on Compound Interest Set 7.
The student will learned the priciples and methedology of Compound Interest Set 7.
The student will evaluate the knowledge level on Compound Interest Set 7.
Student can practice number of times the question till he is clear.
Student can provide the review / feedback / suggestion on the questions which will help to others.
The question contains the simple to complex level difficulties so that student can improve the knowledge.