Analyst 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 ::

The study of volcanoes, lava, magma, and related geological, geophysical and geochemical phenomenas is called Volcanology.

Mohammed or Mohammad is thought to be the most popular name in the world, given to an estimated 150 million men and boys.

The brain has three main parts the cerebrum, cerebellum and brainstem. As cerebrum is the largest part of the brain it is divided into two hemispheres i.e, right and left. It performs many functions like vision, hearing, touch, learning, consciousness, emotions, etc...

Enzymes are macromolecular biological catalysts. Enzymes accelerate chemical reactions. The molecules upon which enzymes may act are called substrates and the enzyme converts the substrates into different molecules known as products.

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.