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Answered on 30 Jan CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

Sujoy D.

Tutor

SI= PRT/100 =40,000*7*72/1200. By Solving It. 16,800 RS. Amount = Si + Principal =16800+40000 = Rs. 56,800.
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Answered on 21/11/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

Kumar P.

$ 459.60
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Answered on 07/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

If you plan to save Rs. 300 annually for 10 years and the discount rate is 15%, what is the future value?

Shambhavi S.

Formula to be used is:- Present Value=Future Value/((1+r)^n), where r is discount rate and n in number of years. So, Future value= 300 *((1+0.15)^10)+300 *((1+0.15)^9)+300 *((1+0.15)^8)+....+300 *((1+0.15)^1).
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Answered on 01/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

If you want to buy a boat in 6 years that costs Rs. 1,000 and you can save Rs. 150 per year, what interest... read more
If you want to buy a boat in 6 years that costs Rs. 1,000 and you can save Rs. 150 per year, what interest rate would you need? read less

Khushbu

I have 1 year of experience in this field

15%
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Answered on 07/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

If you need Rs. 10,000 to pay for your first year of graduate school in 3 years and you get an interest... read more
If you need Rs. 10,000 to pay for your first year of graduate school in 3 years and you get an interest rate of 9%, how much must you invest each of the next three years? read less

Kundan

Maths Wizard

This problem is based on installment. Please tell the rate of interest charged is SI or CI.
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Answered on 12/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

If 6 years ago you invested Rs. 500 and received an interest rate of 4% (compounded monthly), how much... read more
If 6 years ago you invested Rs. 500 and received an interest rate of 4% (compounded monthly), how much would you now have? read less

Veera Krishna

Trainer

Rate = 4%= 0.04 Amount = 500 since compounded monthly = no of years x 12=6 x 12 = 72 total amount = 500 x(1+0.04)^72 Rs. 8421.131.
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Answered on 09/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

How long will it take to repay a loan of Rs. 150, if I pay $1 per week and the rate on my loan is 4%?

Ankit

JEE/Board Maths Tutor

210 weeks.
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Answered on 09/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

Suppose you have the opportunity to make an investment expects to pay investors Rs. 7,000 per year for... read more
Suppose you have the opportunity to make an investment expects to pay investors Rs. 7,000 per year for next eight years. If the cost is Rs. 50,000, what return would you receive? read less

Ankit

JEE/Board Maths Tutor

Rs. 6000.
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Answered on 09/12/2016 CBSE/Class 10/Mathematics Tuition/Class IX-X Tuition Annuities

If a perpetuity is worth Rs 1,000 and r = 15.5%, what is the cash flow?

Ankit

JEE/Board Maths Tutor

1000/.155 = Rs. 6451.61.
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