Скачать или смотреть Compound Interest-SQs-27 DAV Math- Class 8- When interest is compounded half yearly & quarterly

CBSE Class 8 DAV Math - Compound Interest- Solved Questions-27 - Formula Method-When interest is compounded half yearly & quarterly

Following question is taken up in this video:
Q1. M/s Heena Associates let out ₹ 400000 for one year at 16% per annum compounded annually. How much they could earn if the interest is compounded half-yearly?
Q2. M/s Heena Associates let out ₹ 4,00,000 for one year at 16% per annum compounded annually. How much they could earn if the interest is compounded quarterly?

For better understanding for solving questions related to Compound Interest:
   • Compound Interest-Important Concepts-Diffe...  

For Compound Interest - Important Concepts:
   • Compound Interest-Important Concepts-Diffe...  

For Unitary / Formula method:
   • Compound Interest-Important Concepts-Diffe...  

Compound interest is about paying interest on the interest along with interest on principal.
Compound interest is a combination of two types of sums of money:
(a) Interest on the principal that is borrowed.
(b) Interest on the interest on the principal.

Simple interest(S.I) is always calculated on the original principal
Compound interest (C.I) is always calculated on new effective principal.

In this video, you shall learn about the following important concepts related to Compound Interest:
1. What is Compound Interest
2. Difference between Simple Interest & Compound Interest
3. Two methods to compute Compound Interest - Unitary Method & Formula Method
4. What is conversion period?
5. When Interest is compounded half-yearly
6. When interest is compounded quarterly