Quick Method for solving Compound Interest Questions - Type 5


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Interest to be Calculated Half Yearly

1. What is to be repaid on a loan of Rs 15,000 for 1 1/2 years at 10% per annum compounded half yearly.

2. What is the compound interest on Rs12,000 for 2 years at 20% p.a. when compounded half-yearly.

3. What is the compound interest on 10,000 for 2 years at rate of 5% quarterly on Compound Interest but interest to be calculated half-yearly.

4. Find the compound interest on $1,000 at the rate of 10% p.a. for 18 months when interest is compounded half-yearly.