WHY does the compound interest earned each year increase?

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Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)

Description : If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?

Last Answer : It was eight years.

Description : Interest earned is Tax free u to Rs a) 5000/- b) 3000 c) 2500/- d) 3500/

Last Answer : d) 3500/

Description : What amount in 2018 does a persons credit increase in cents for each added dollar of income based off earned income tax credit?

Last Answer : Credit doesn't come from earned tax credit, but how much you owe, the amount of debt in relation to what you earn, the use of credit, and hard inquiries into your credit. Points are assigned giving you a credit score.

Description : The depreciation method which reduces the value of a machine by equal amount each year during the useful life is known as a) Estimated method b) constant percentage method c) compound interest method d) straight line method

Last Answer : d) straight line method

Description : The following statements relate to CPE credit units. Which is incorrect? a. One credit hour of CPE program, activity or source shall be equivalent to one (1) credit unit. b. Any excess ... carried over to the next three-year period including credit units earned for doctoral and master's degrees.

Last Answer : Excess credit units earned may be carried over to the next three-year period including credit units earned for doctoral and master's degrees.

Description : X invested three- nineth, Y invested three-seventh of the remaining and Zth remaining. If Y earned Rs.840 as profit pr each year. Find the average monthly profit of all. A) 510 B) 490 C) 630 D) 370 

Last Answer : Answer: B) Let total amount puts by X, Y& Z be P X's investment = 3/9 P Balance investment =6/9 p Y's investment =6/9*P*3/7=2/7 P Remaining investment =8 p/21 =Z's amounts Profit ratio ... :6:8 1month share =840/12=Rs .70 Average monthly profit of X, Y, Z=70/3 *21 =Rs.490

Description : Is something screwy with Lurve counting? It seems like it is ignoring lurves earned during the day and only adding one each morning.

Last Answer : No – it’ because everyone may be maxed out on you. After you have gotten 100 lurve from someone your lurve does not go up any more from their GAs or GQs. Mine has gone up in days except for the one from signing in each day.

Description : Why,Sonia earned $2,100 at her uncle's orchard. If she worked for 70 weeks and earned the same amount of money each week, What did she earn per week?

Last Answer : plz help

Description : If you have two jobs. One job pays 7 per hour and the other pays 8.25 per hour. You worked 22 hours total last week and earned 171.50. How many hours did you work at each job?

Last Answer : You can create simultaneous equations : 2 equations that whensolved will give your answerNeed to calculate 7a + 8.25b = 171.50 ( this calculates thepay)and a + b = 22 (the amount of hours worked )a is ... job the person worked 14 hours and therefore inthe 1st job the person worked 8 hours (= 22-14).

Description : How much would Megan Jordan and Katie each get if they babysat and earned a total of 65.55 and split it evenly between themselves?

Last Answer : Each would get 21.85

Description : The basic approach to Earned Value is to A. Sum up the Work Package Earned Values to calculate the Earned Value of the Control  Account and ultimately the Project  B. Multiply the percent complete by ... that package  C. Estimate a percent complete for each WBS Work Package  D. All of the above

Last Answer : D. All of the above

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

Description : In case a person has multiple business, income earned from each business shall be………… a) Separately computed b) Consolidated c) Planned Differently d) Any of above based on conditions

Last Answer : a) Separately computed

Description : Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?

Last Answer : The total amount distributed among 60 officers=35000*60 = 21,00,000  Let the total amount distributed to 100 clerks be ‘Y’  Then 21,00,000/Y = 7/5  Y = 15,00,000  Therefore total profit = 21,00,000 + 15,00,000 = 36 lakhs

Description : If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years Use the continuous compound interest formula: A = Pert?

Last Answer : 10001/999900

Description : If and 2000 is placed in a bank account that pays 3 compound interest per year how much will be in the account in 2 years?

Last Answer : 2120.8

Description : If and 2000 is placed in a bank account that pays 3 compound interest per year how much will be in the account in 2 years?

Last Answer : 2120.8

Description : Shweta deposits a certain amount on 1st January and 1st July (Same amount on both days) in a bank that offers 5% compound interest, compounded half-yearly. Shweta gains interest of Rs.121 at the end of the year. How much money did Shweta deposit? a) 1200 b) 1300 c) 1400 d) 1500 e) 1600

Last Answer : Let the amount be P Half yearly rate = 5/2 = 2.5% For the deposit on January, Amount = P (1 + 2.5 / 100)2 For the deposit on July, Amount = P (1 + 2.5 /100) We can solve the question by ... Amount in July = 1600 1.025 = 1640 So total interest = 81 + 40 = 121 Required answer is 1600 Answer: e)

Description : Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%

Last Answer : 4) 15%

Description : What if A computer programmer earned 1043 a week last year. What was her yearly salary?

Last Answer : 54236

Description : Ploughing-back of profits means– (A) Dividend declared but not claimed by shareholders (B) Non-declaration of dividend in any year (C) Profits earned from illegal sources and employed in business (D) Retaining the earnings of business for future expansion programme

Last Answer : Answer: Retaining the earnings of business for future expansion programme

Description : ‘Normal Profit’ means (a) Profit earned by the marginal firm in a normal year. (b) Minimum amount needed to keep a firm in the same business. (c) The payment made to marginal firm for its ability. (d) Surplus profit earned by the least efficient firm

Last Answer : (c) The payment made to marginal firm for its ability.

Description : Ganesha, Harish and Raghu started a business with investments of Rs.15000, Rs.18000 and Rs.21000. At the end of the one year, they earned a total profit of Rs.5400. Find the respective shares of Ganesh, Harish ... profit (in Rs.) a)1500,1800,2100 b)1360,1800,2240 c)1750,2100,2450 d)1890,2100,2310 

Last Answer : a)1500,1800,2100

Description : Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

Last Answer : (a) Rs. 75,000/-

Description : The summarized balance sheet of Autolight Limited shows the balances of previous and current year of retained earnings Rs. 25,000 and Rs. 35,000. If dividend paid during the current year amounted to Rs. 5,000 then profit earned during ... (a) Rs. 5,000 (b) Rs. 55,000 (c) Rs. 15,000 (d) Rs. 65,000

Last Answer : (c) Rs. 15,000

Description : Capital employed at the end of the year is Rs.4,20,000. Profit earned Rs.40.000. Average capital employed is A Rs.4,20,000 B Rs.4,00,000 C Rs.4,40,000 D Rs.4,60,000

Last Answer : Rs 400000

Description : When the income earned in an year is taxed in the same year, it is called ………………….. A) Advanced Assessment B) Super Assessment C) Accelerated Assessment D) None of the above

Last Answer : C) Accelerated Assessment 

Description : X, Y, Z started a business with their investment in the ratio of 4/5: 4/7: 5/9, after 6months. X has withdrawn half of his investment. Also X will get 30% of profit for being an active partner. At the ... Rs. 54750. Then find the total profit earned by Y and Z? A) 25200 B) 28600 C) 25010 D) 26867

Last Answer : Answer: C) Let investment of X, Y, Z be 4/5 x,4/7x &5/9 x =>252x, 180x & 175x Profit ratio of X, Y, Z is 252x*6+126x*6:180x*12 :175x *12 =189:180:175 Active partner X's amount= ... 30/100 =Rs.16425 Remaining profit =54750-16425 =Rs.38325 Total profit earned by Y*Z= 38325*355/544 =Rs. 25010

Description : P, Q & R enter into partnership. P invests 6 times as much as Q and Q invests two- sixth of what R invests. At the end of the year, the profit earned is Rs.7200. what is the share of Q? A) 720 B) 550 C) 670 D) 480

Last Answer : Answer: A) Let R’s capital = Rs.x Q’s capital = Rs.2x/6 = x/3 P’s capital = 6x/3 = 2x Ratio of their capitals = 2x : x/3 : x =6x:x:3x =6:1:3 Hence Q’s share = (7200*1/10) = Rs.720

Description : Agalya started a work with Rs. 144000 and after 3months Bhuvana joined with her the amount of Rs. 116000. At the end of the year bhuvana received a profit of Rs.20960 including 16% as a commission for ... earned by agalya at the end of the year approximately? a) 22045 b) 23040 c) 21450 d) 24500

Last Answer : Answer: B) Ratio of agalya & bhuvana 144000*12: 116000*9= 48:29 Let the total profit be Z. Profit earned by bhuvana =16 % of Z+ 29/77 of 84 % of Z=20960 524Z= 20960 * 100 *11 => Z= Rs.44000. Total profit by agalya =48/77 *84/100 *44000 = Rs.23040.

Description : 3 people A, B, C invested in a business in the ratio of 5:6:9. After 3months B withdraw half of her capital. If the Sum invested by A is 32000, then what is the profit earned by B at the end of the year out of the total profit of Rs. 48250? A) 17965.33 B) 70767.50 C) 46189.25 D) 10193.66

Last Answer : Answer: D) Let A, B, C put amounts be 5x,6x,9x respectively Then A's investment is 5x=32000=> x=Rs.6400 Then, B, C puts amount is Rs.38400 & 57600 =32000*12 : 38400 *3 +19200 * 9:57600*12 =>384000:288000:691200 =20:15:36 B’s profit is 48250* 15/71 =Rs. 10193.66

Description : What common core standards can I use for a lesson plan teaching about compound interest?

Last Answer : The classic one about investing $1000 at various points in your life and seeing how much it grows over various intervals.

Description : Compound interest question?

Last Answer : Most payment schedule pay both interest and principal each month. I’ve never heard of compounding principal. I have a couple of amortization formulas in the office.

Description : A formula for how to compound interest, please?

Last Answer : How often the interest rate is compounded?... it could be compounding weekly or monthly or annually ... If I remember "continuous compounding" is a little more tricky, but generally it should be pretty straightforward.

Description : Compound Interest and Your Return?

Last Answer : Compound Interest and Your ReturnHow interest is calculated can greatly affect your savings. Themore often interest is compounded, or added to your account, themore you earn. This calculator demonstrates how compounding canaffect your savings, and how interest on your interest really addsup!

Description : What is the Formula for daily compound interest?

Last Answer : The formula for the daily compound interest is B=p(1+r over n)NT as an exponent for the nt B= ending balance P= principal amound r= interest rate n= number of compounds per year t= time( in years)

Description : How do you determine the instantaneous rate of change of compound interest compounded annually?

Last Answer : The derivative is at*ln(a) wheret is the time period, ln is the natural log and a is the multiplier for the annual interest rate: eg if the interest rate is r% then a = (1 + r/100).

Description : Comparing Simple And Compound Interest Calculators?

Last Answer : An interest calculator is an electronic/web-based formula that calculates things like how much interest is payable on a principal debt, what monthly interest payments will be and what percentage of any monthly ... a car in order to determine what their total debt - principal plus interest - will be.

Description : How to calculate compound interest using a monthly investment calculator?

Last Answer : A simple formula can be used to calculate the amount the dollar invested is worth over a monthly period. Use PV*(1+R)/N where PV is your present investment, R is your interest rate and N is the number of investment periods.

Description : If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by (A) (1 + i)n/S (B) S/(1 + i)n (C) S/(1 + in) (D) S/(1 + n)i

Last Answer : B) S/(1 + i)n

Description : An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from ... cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Last Answer : (B) Depreciation by sinking fund method

Description : Accumulated sum at the end of 5 years, if Rs. 10000 is invested now at 10% interest per annum on a compound basis is Rs. (A) 15000 (B) 16105 (C) 18105 (D) 12500

Last Answer : (B) 16105

Description : An amount becomes 160% of itself in 5 years through simple interest. At the same rate of interest, how long will it take for the amount to more than double itself if we use compound interest? a) 7 b) 8 c) 9 d) 10 e) cannot be determined

Last Answer : Answer: a)

Description : If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these

Last Answer : Let the rate of interest p.c.p.a. be x. 2496 =15000 * x /100 x = 16.64 16.64 is the rate of interest compounded for two year & for one year = 8% 8% C.I. table for two year. I year = 8% II year = 8.64 Total =16.64% Answer: a)

Description : The compound interest accrued on an amount of Rs. 25,500 at the end of three years is Rs. 8,440.5.What would be the simple interest accrued on the same amount at the same rate in the same period? a) Rs. 5,450/- b) Rs. 8,750/- c) Rs. 4,350/- d) Rs. 3,650/- e) Rs. 7,650/- 

Last Answer : A = P + Interest = 25500 + 8440.5 = 33940.5 A = P + 1 + (R/100)^3 33940.5 = 25500 a + R/100)^3 a + R/100)^3 = 33940.5 / 25500 a + R/100)^3 = 1.331 a + R/100)^3 = ... R = 10% Simple Interest = Principle Rate Time / 100 = 25500 10 3/100 = 7650 Answer: e)

Description : Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

Last Answer : a C.I = 8000 * (1+(10/100))2 –8000  = 8000 *110/100 * 110/100 – 8000 = 9680 – 8000 = Rs.1680 Therefore, S.I = C.I / 2 = 1680 / 2=Rs. 840 840 = sum * 4 * 5 / 100 :. Sum = Rs.(840 * 100)/ (4 *5) = Rs.4200

Description : Which of the following statements best describes a lead compound? a) A compound that contains the element lead b) A compound from the research laboratory that is chosen to go forward for preclinical and ... of a drug. d) The first compound of a structural class of compounds to reach the market.

Last Answer : c) A molecule that shows some activity or property of interest and serves as the starting point for the development of a drug.

Description : What is needed for trust to be re-earned?

Last Answer : Right now a close family member has lost my trust by blowing hot and cold and going incommunicado for months at a time. I was heartbroken but now I'm angry as well. I think for that person to ... my trust they would have to show a consistent pattern of re-engagement for quite a long period of time.

Description : Can some one educate me on Earned Income Credit?

Last Answer : answer:From IRS.gov: EITC Income Limits, Maximum Credit Amounts and Tax Law Updates 2014 Tax Year Earned Income and adjusted gross income (AGI) must each be less than: $46,997 ($52,427 married ... you for EITC, see Qualifying Child Rules or Publication 596, Rules If You Have a Qualifying Child.