how to calculate interest on fd
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FD Calculation Formula: This is A = P (1 + r/4/100) ^ (4*n) and A = P (1 + r/25)4n. Suppose you are investing Rs.1,00,000 in a fixed deposit for a tenure of 3 years at aninterest rate of 10%. Here, P is the principal amount, n is the tenure and r is the interest rate.
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It depends upon rate of Interest...
Of ur Deposit is X... and rate of Interest is 8%..
Then interest will be charget as. 8/100×X=__-
The amount reultant will be the Interest..
Of ur Deposit is X... and rate of Interest is 8%..
Then interest will be charget as. 8/100×X=__-
The amount reultant will be the Interest..
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