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Click the option on the left followed by your answer on the right
Scorecard
Correct
Incorrect
1
Simple Interest
$$\frac{P\times R \times T}{100}$$
2
Compound Interest
$$P[(1 + \frac{R}{100})^{T} - 1]$$
3
Amount
Principal + Simple/Compound Interest
4
CI when compounding is done in 'x' times a year
$$A = P[1+\frac{R}{x*100}]^{nx}$$
5
Yearly installment on 'P' amount borrowed for 'n' years at R% interest per annum
$$\frac{P\left(\frac{R}{100}\right) \left(1 + \frac{R}{100}\right)^n}{\left(1 + \frac{R}{100}\right)^n - 1}$$
6
Present worth of amount due in K years
$$\ \frac{\ K}{\left(1+\ \frac{\ R}{100}\right)^n}$$
7
If interest Rate is đť‘…1 % for first year, % for R2 for second year and đť‘…3 % for year then the Amount is
$$\displaystyle P\left(1+\ \frac{\ R1}{100}\right)\left(1+\ \frac{\ R2}{100}\right)\left(1+\ \frac{\ R2}{100}\right)$$
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