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1. www.geeksforgeeks.org › simple-and-compound-interest-practice-questionsSimple and Compound Interest Practice Questions - GeeksforGeeks

   www.geeksforgeeks.org › simple-and-compound-interest-practice-questions

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   5 godz. temu · Therefore, the amount after the maturity period of 4 years is $7440. Question 2: An amount of $20000 is deposited in a bank for 2 years. Calculate the interest if rate of interest is 10% compounded annually. Solution 2: Here, P = $20000, R = 10%, T = 2 years. Compound Interest is given by, = P (1 + (R / 100))T – P.