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Simple interst a man invest rs.3965 in the name of his 3 daughter n. g anrd s in such way that get the same amount after 2,3 and 4 years respectily if the rate of interst is 5%p.a then the amoune invested forn, d, and s

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  • Anonymous Jun 21, 2008

    4590*8%*120

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    Please describe the specifics of your problem below. We'll add
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Principal * rate * time (years) + principal = balance
3965 * .05 * {2,3,4} + 3965
4361.5 4559.75 4758

Posted on Apr 19, 2008

  • Regan
    Regan May 03, 2014

    please help me solve this equation. What is the principal that must be invested for 6 years at 10.5% to earn R2200.50 simple interest

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Fixed Deposit for Investment


As per my understanding, you have Rs. 20 lakhs, out of which you want to invest Rs. 70K in fixed deposit. In such situation, you may be concerned whether you will be taxed or not.

Let me assure you that you may not come under the bridge of TDS as the earned interest will not be high.
TDS is deducted from the interest of an FD, if the earned interest exceeds the limit of Rs. 10K in one year. But, your principal amount is Rs. 70K, which you may invest at an interest rate of 7.80%. This will turn out to be Rs. 75K at the end of one year. So, an earning of Rs. 5K will not be taxed.

Even if, you get a higher rate of interest on fixed deposit, fortunately, you will still remain under the TDS bracket. So, you can easily proceed with your investment plan.

Apr 05, 2017 | Computers & Internet

1 Answer

I have a starting amount of $2,125. I invest some of it in a bank that pays 4% a year and some in another back that pays 5% a year. After one year I have earned $100. How much money did I invest in ea


There are 2 values for interest, say R and r, and R = 0.05, r = 0.04

There are 2 values for the amount earned, from the 2 banks, say I and i, and we know I + i = 100

There are 2 values for principal invested, say P and p, and we know P + p = 2125

There is only one value for period, say t = 1

So then I = P * 0.05 * 1 and
i = p * 0.04 * 1 and
I + i = 100 and
P + p = 2125

then

0.05P + 0.04p = 100
P + p = 2125
P = 2125 - p
0.05 ( 2125 - p) +0.04p = 100
106.25 - 0.05p + 0.04p = 100
106.25 - 0.01p = 100
0.01p = 6.25
p = 625
so
P = 2125 - 625 = 1500

so the amounts were $1500 and $625

Oct 20, 2014 | Mathsoft StudyWorks! Middle School Deluxe...

1 Answer

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$15,000 at 3% and $6,000 at 7%.

If this is homework, be sure to show your work.

Sep 06, 2014 | Office Equipment & Supplies

1 Answer

I want to invest R10000 in a bank investing at 14% compounded twice a year


Invest R10000 in a bank investing at 14% compounded twice a year.

A = P(1+i)^n, where A is the amount, P is the principal or initial investment, i is the interest rate per period, and n is the number of periods.

If the annual rate is 14%, the semi-annual rate is 7%. One year is now composed of 2 6-month periods.

So after one year, we have A = 10 000 (1.07)^2 or 11,449.

Good luck,

Paul

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1 Answer

45,000 to invest.want to have 250,000 in 20 years. what rate of interest do i need if its compounding monthly?


4 5 0 0 0 +/- PV (investment amount, negative because you're paying it out)
2 5 0 0 0 0 FV (desired amount, positive because you're receiving it)
2 0 SHIFT xP/YR (20 years)
I/YR (calculate annual interest rate)

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I want the excel compound interest formula


=10000*(1+0.96)^12
=10000*(1+0.10)^18
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COMPOUND INTEREST CUMULATIVE AMOUNT


after 3 years u wil get rs 43692..

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Mathematical Calculation


Following formula we can use.

S=P(1+RT)
WHERE S =INVEST AMOUNT+PROFIT
P=INVEST AMOUNT
R= RATE OF RETURN
T=TIME IN YEARS

EX : (300+x) = x(1+(5.4/100)*1)
(300+x)*100 = 105.4x
x=30000/5.4
x=5555. 4

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Need your help


Try the FV function Syntax
FV(rate,nper,pmt,pv,type)

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