Class 8 Practice Set 14.1 Part 1 | Chapter 14 Compound Interest | 8th Maths | Maharashtra Std 8

This Video explains Chapter 14 Compound Interest Practice Set 14.1 of Standard 8 for Maharashtra State Board.

#Maharashtra #Class8

Following questions of Maharashtra State Board Class 8 Maths Chapter 14 Compound Interest Practice Set 14.1 have been explained in the video:

Practice Set 14.1 Class 8 Question 1.
Find the amount and the compound interest.

i. P = Rs 2000, R = 5 p.c.p.a. and N = 2 years

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[nee]

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[ishalearning]

When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield. That's the annual rate of return or the annual cost of borrowing money.

[indxroyal]

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[vedikadeokate]

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[chitrajonjale]

12:40
Sir, i will keep it in compound interest because as you said the money increases more in compound interest compared to simple interest every year. So when I withdraw the money from the bank I'll get more profit. Thus, compound interest is a better option.

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[sushmaskitchen]

Compound Intrest I understand this explanation
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[fwmsiev]

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