Related Questions

Arman wanted to have Tk. 39,200 as interest after 5 years. He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year, he invested the principal amount in another account offering 10% interest for 3 years. At the beginning of the fifth year he invested the Principal amount in another account at the rate of 11%. What was the principal amount? (assume simple interest rate)
In the following sentence the word principal' occurs three times "The principal (1) aim of the principal (2) of the college was to help build new roads to link the area's principal (3)schools" Indicate the use(s) in which the meaning of the word “Principal is ‘chief or main',
The difference between the compound interest and simple interest on a certain amount of money at 5% per annum for 2 years is Tk. 15. Find the principal amount.
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?
Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk 240 at the end of 2 years. She waited for another 3 years and got a final amount of Tk 300. What was the principal amount that she invested at the beginning?
Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk 240 at the end of 2 years. she waited for a another 3 years and got a final amount of Tk 300. What was the principal amount that she invested at the beginning?
What is the difference between the interests earned on tk.10000 for five years on yearly compounding basis and simple interest basis ?
An amount of money is invested in a savings account for two years. It increased by Tk. 52.50 in two years. after annual compounding at the rate of 10% per year. What is the amount invested initially?
Bank X pays a simple interest of TaKa 80 on principal o taka 1,000 annually . Bank y pays a simple interest of TaKa 140 on a principal of Taka 1000 annually . What is the ratio of the interest rates of Bank x to Bank y ?
Mr.khan invested an amount of TK. 13,900 divided into two different schemes A and B at a simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in 2 years be Tk. 3,508, what was the amount invested in Scheme B?