Mathematics is real fun.Generally teachers failed to extract the fun from the mathematics and percolate this to their students. Objectives and usefulness of the particular math. is not known to the students and they failed to grasp where they will apply those stuffs in real life. So they felt the burden of mathematics and the fear of burden is felt life long.
For some mathematics is a hobby and they can take this as their profession.
A practical aspect on mathematics. If students know the power of compounding they will be much matured at early stage of life on financial freedom.
In how much time will Rs. 50000 amount to Rs. 560000 at 4 % compound interest
For some mathematics is a hobby and they can take this as their profession.
A practical aspect on mathematics. If students know the power of compounding they will be much matured at early stage of life on financial freedom.
In how much time will Rs. 50000 amount to Rs. 560000 at 4 % compound interest
| amount | interest rate | interest | year | total amount |
| 50000 | 4/100= 0.04 | 2000 | after 1 st year | 52000 |
| 52000 | 0.04 | 2080 | 2 year end | 54080 |
| 54080 | 0.04 | 2163.2 | 3 year end | 56243.2 |
| 56243.2 | 0.04 | 2249.728 | 4 year end | 58492.928 |
| 58492.928 | 0.04 | 2339.71712 | 5 year end | 60832.64512 |
| 60832.6451 | 0.04 | 2433.3058 | 6 year end | 63265.95092 |
| 63265.9509 | 0.04 | 2530.63804 | 7 year end | 65796.58896 |
| 65796.589 | 0.04 | 2631.86356 | 8 year end | 68428.45252 |
| 68428.4525 | 0.04 | 2737.1381 | 9 year end | 71165.59062 |
| 71165.5906 | 0.04 | 2846.62362 | 10 year end | 74012.21425 |
| 74012.2142 | 0.04 | 2960.48857 | 11 year end | 76972.70282 |
| 76972.7028 | 0.04 | 3078.90811 | 12 year end | 80051.61093 |
| 80051.6109 | 0.04 | 3202.06444 | 13 year end | 83253.67537 |
| 83253.6754 | 0.04 | 3330.14701 | 14 year end | 86583.82238 |
| 86583.8224 | 0.04 | 3463.3529 | 15 year end | 90047.17528 |
| 90047.1753 | 0.04 | 3601.88701 | 16 year end | 93649.06229 |
| 93649.0623 | 0.04 | 3745.96249 | 17 year end | 97395.02478 |
| 97395.0248 | 0.04 | 3895.80099 | 18 year end | 101290.8258 |
| 101290.826 | 0.04 | 4051.63303 | 19 year end | 105342.4588 |
| 105342.459 | 0.04 | 4213.69835 | 20 year end | 109556.1572 |
| 109556.157 | 0.04 | 4382.24629 | 21 year end | 113938.4034 |
| 113938.403 | 0.04 | 4557.53614 | 22 year end | 118495.9396 |
| 118495.94 | 0.04 | 4739.83758 | 23 year end | 123235.7772 |
| 123235.777 | 0.04 | 4929.43109 | 24 year end | 128165.2082 |
| 128165.208 | 0.04 | 5126.60833 | 25 year end | 133291.8166 |
| 133291.817 | 0.04 | 5331.67266 | 26 year end | 138623.4892 |
| 138623.489 | 0.04 | 5544.93957 | 27 year end | 144168.4288 |
| 144168.429 | 0.04 | 5766.73715 | 28 year end | 149935.166 |
| 149935.166 | 0.04 | 5997.40664 | 29 year end | 155932.5726 |
| 155932.573 | 0.04 | 6237.3029 | 30 year end | 162169.8755 |
| 162169.876 | 0.04 | 6486.79502 | 31 year end | 168656.6705 |
| 168656.671 | 0.04 | 6746.26682 | 32 year end | 175402.9373 |
| 175402.937 | 0.04 | 7016.11749 | 33 year end | 182419.0548 |
| 182419.055 | 0.04 | 7296.76219 | 34 year end | 189715.817 |
| 189715.817 | 0.04 | 7588.63268 | 35 year end | 197304.4497 |
| 197304.45 | 0.04 | 7892.17799 | 36 year end | 205196.6277 |
| 205196.628 | 0.04 | 8207.86511 | 37 year end | 213404.4928 |
| 213404.493 | 0.04 | 8536.17971 | 38 year end | 221940.6725 |
| 221940.673 | 0.04 | 8877.6269 | 39 year end | 230818.2994 |
| 230818.299 | 0.04 | 9232.73198 | 40 year end | 240051.0314 |
| 240051.031 | 0.04 | 9602.04126 | 41 year end | 249653.0727 |
| 249653.073 | 0.04 | 9986.12291 | 42 year end | 259639.1956 |
| 259639.196 | 0.04 | 10385.5678 | 43 year end | 270024.7634 |
| 270024.763 | 0.04 | 10800.9905 | 44 year end | 280825.7539 |
| 280825.754 | 0.04 | 11233.0302 | 45 year end | 292058.7841 |
| 292058.784 | 0.04 | 11682.3514 | 46 year end | 303741.1354 |
| 303741.135 | 0.04 | 12149.6454 | 47 year end | 315890.7809 |
| 315890.781 | 0.04 | 12635.6312 | 48 year end | 328526.4121 |
| 328526.412 | 0.04 | 13141.0565 | 49 year end | 341667.4686 |
| 341667.469 | 0.04 | 13666.6987 | 50 year end | 355334.1673 |
| 355334.167 | 0.04 | 14213.3667 | 51 year end | 369547.534 |
| 369547.534 | 0.04 | 14781.9014 | 52 year end | 384329.4354 |
| 384329.435 | 0.04 | 15373.1774 | 53 year end | 399702.6128 |
| 399702.613 | 0.04 | 15988.1045 | 54 year end | 415690.7173 |
| 415690.717 | 0.04 | 16627.6287 | 55 year end | 432318.346 |
| 432318.346 | 0.04 | 17292.7338 | 56 year end | 449611.0798 |
| 449611.08 | 0.04 | 17984.4432 | 57 year end | 467595.523 |
| 467595.523 | 0.04 | 18703.8209 | 58 year end | 486299.3439 |
| 486299.344 | 0.04 | 19451.9738 | 59 year end | 505751.3177 |
| 505751.318 | 0.04 | 20230.0527 | 60 year end | 525981.3704 |
| 525981.37 | 0.04 | 21039.2548 | 61 year end | 547020.6252 |
| 547020.625 | 0.04 | 21880.825 | 62 year end | 568901.4502 |
| 568901.45 | 0.04 | 22756.058 | 63 year end | 591657.5082 |
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