The document presents a chart comparing the simple interest and compound interest rates for different interest rates ranging from 5% to 30% per annum over periods of 1 to 3 years. For each interest rate, the compound interest increases more than the simple interest over time, with the difference between simple and compound interest also increasing the longer the time period. The compound interest is always higher than the simple interest due to interest being earned on prior interest in compound interest calculations.
The document presents a chart comparing the simple interest and compound interest rates for different interest rates ranging from 5% to 30% per annum over periods of 1 to 3 years. For each interest rate, the compound interest increases more than the simple interest over time, with the difference between simple and compound interest also increasing the longer the time period. The compound interest is always higher than the simple interest due to interest being earned on prior interest in compound interest calculations.
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COMPOUND INTEREST RATE CHART by WiNNERS
RATE - 5% p.a. RATE - 6% p.a.
YEAR S.I. C.I. DIFF. YEAR S.I. C.I. DIFF. 1 YR 5% 5.00% 0.00% 1 YR 6% 6.00% 0.00% 2 YR 10% 10.25% 0.25% 2 YR 12% 12.36% 0.36% 3 YR 15% 15.76% 0.76% 3 YR 18% 19.10% 1.10%
RATE - 8% p.a. RATE - 10% p.a.
YEAR S.I. C.I. DIFF. YEAR S.I. C.I. DIFF. 1 YR 8% 8.00% 0.00% 1 YR 10% 10.00% 0.00% 2 YR 16% 16.64% 0.64% 2 YR 20% 21.00% 1.00% 3 YR 24% 25.97% 1.97% 3 YR 30% 33.10% 3.10%
RATE - 12% p.a. RATE - 15% p.a.
YEAR S.I. C.I. DIFF. YEAR S.I. C.I. DIFF. 1 YR 12% 12.00% 0.00% 1 YR 15% 15.00% 0.00% 2 YR 24% 25.44% 1.44% 2 YR 30% 32.25% 2.25% 3 YR 36% 40.49% 4.49% 3 YR 45% 52.08% 7.08%
RATE - 20% p.a. RATE - 30% p.a.
YEAR S.I. C.I. DIFF. YEAR S.I. C.I. DIFF. 1 YR 20% 20.00% 0.00% 1 YR 30% 30% 0.00% 2 YR 40% 44.00% 4.00% 2 YR 60% 69.00% 9.00% 3 YR 60% 72.80% 12.80% 3 YR 90% 119.70% 29.70% THE WiNNERS INSTITUTE INDORE
*S.I. -SIMPLE INTEREST / साधारण ब्याज
*C.I. -COMPOUND INTEREST / चक्रवद् ृ धध ब्याज *p.a. = per annum / प्रतत वषष, DIFF - DIFFERENCE / अंतर * पहऱे वषष हमेशा साधारण ब्याज व चक्रवद् ृ धध ब्याज का अंतर 0 होता है |