Bank PO Questions

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

How it grows ::

Dots per inch (DPI, or dpi) is a measure of spatial printing or video or image scanner dot density, in particular the number of individual dots that can be placed in a line within the span of 1 inch (2.54 cm).

This is a different way of asking your age. It can be how long you have been living in days weeks months and years since your birth date.

Indian Navy 5th largest in world.

Appropriations are annual decisions made by Congress about how the federal government spends some of its money. In general, the appropriations process addresses the discretionary portion of the budget – spending ranging from national defense to food safety to education to federal employee salaries, but excludes mandatory spending, such as Medicare and Social Security, which is spent automatically according to formulas.

Hence, congress grants funds to federal agencies and programs during the appropriations process.

The shape of the nucleus is maintained by the nuclear lamina.