Analyst Questions

South Africa hosted the 10th edition of BRICS Summit 2018 in Johannesburg on July 25. 

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 ::

Process by which sediment is removed from its source is called Erosion.

Type 2 diabetes is the most common form of diabetes.

• If you have type 1 diabetes your body does not release insulin.

• If you have type 2 diabetes your body does not use insulin properly.

BSF - Border Security Force

The motto of the organization BSF is "Duty unto Death."

A protein that acts as a hormone is INSULIN.

Insulin is a peptide hormone produced by beta cells of the pancreatic islets; it is considered to be the main anabolic hormone of the body.  Insulin helps keeps your blood sugar level from getting too high or too low.  

Digboi, in Assam is where the oldest oil refinery in India. It was build in 1901.