fill in the blanks.

Question 11 Mark

If the interest is compounded semi$-$annually then semi$-$annually rate is $…………$ of annual rate.

Answer

If the interest is compounded semi$-$annually then semi$-$annually rate is half of annual rate.

Question 21 Mark

The time after which the interest is added each time to form a new principal is called $…………$

Answer

The time after which the interest is added each time to form a new principal is called conversion period.

Question 31 Mark

In compound interest the $…………$ goes on changing every conversion period.

Answer

In compound interest the principal goes on changing every conversion period.

Question 41 Mark

In simple interest, the principal $…………$ for the whole loan period.

Answer

In simple interest, the principal remains constant for the whole loan period.

Question 51 Mark

the additional money paid by the borrower to the moneylender in lieu of the money used is called $…………$

Answer

the additional money paid by the borrower to the moneylender in lieu of the money used is called interest.

Question 61 Mark

The money borrowed $($lent or invested$)$ is called $…………$

Answer

The money borrowed $($lent or invested$)$ is called principal.

MATHS fill in the blanks.