2006-09-07 21:32:06 · 9 answers · asked by vvsncp 1 in Science & Mathematics ➔ Mathematics
well for simple int
si = (P*R*T)/100
ur P = 5600
R = 12%
T = 124 MONTH CHANGE ITS INTO YEAR
SO UR
SI = (5600*12*124)/100*12
SI = 8332800/1200
SI = 6944
AND UR AMOUNT BE
5600 + 6944 = 12544
GOT IT
2006-09-07 22:11:18 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Rs5600*124=Rs6944.00
Alt.Rs5600*12*(124/12)=Rs6944.00
kindergarten class?
2006-09-08 04:50:52 · answer #2 · answered by smritish g 3 · 0⤊ 0⤋
12% pa mean 12%/12 month = 1% per month
so maturity value will be 5600 x (1+1%)^ 124 = 19232.61
2006-09-08 04:49:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
A=P+PNR
A=5600+5600*.01*124=12544
2006-09-09 01:17:46 · answer #4 · answered by sandy p 2 · 0⤊ 0⤋
I may be reading this wrongly or you may have written it wrongly but by a monthly investment I assume that Rs 5600 is invested every month and so
total investment = 5600*124=Rs. 6,94,400
total interest earned = 6944+6888+6832+.......56
=62 * (6944+56)= Rs. 4,34,000
total maturity amount =Rs. 6,94,400+Rs.4,34,000
=Rs. 11,28,400
either i am spot on or way off.
2006-09-08 14:04:15 · answer #5 · answered by jazideol 3 · 0⤊ 0⤋
124 months = 10.333 years
interest for 1 year = (5600*12)/100 = 672
so interest for 124 months = interest for 10.33 years
= 672 * 10.333 = 6943.776 = 6944.
so maturity value = 5600 + 6944 = 12544.
2006-09-08 05:19:22 · answer #6 · answered by DigitalManic 2 · 0⤊ 0⤋
5600*124/12*12/100=6944/- is the interest and the amount is 5600+6944=12544/-.
OK?
2006-09-08 04:56:59 · answer #7 · answered by anish b 1 · 0⤊ 0⤋
6272 rs
2006-09-08 07:12:48 · answer #8 · answered by Anonymous · 0⤊ 0⤋
start/programs/accessories/calculator
2006-09-08 04:34:21 · answer #9 · answered by vinny_the_hack 5 · 0⤊ 0⤋