Probability to get selected into group a post as an electronics and communication engineer
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Considering that you will give money on Simple interest on 9% per annum.
Simple formula amount formula,
A=P +SI
AMOUNT COMES out to 7000(one time investment) provided interest rate remains constant.
I don't how you will get 9% simple interest. IF you 9% interest in normal cases is extremly good.
Case 2) Compound interest
A =P +(1+r/100)^n
9520=x +(1+9/100)^4
6744.160=x
You will get compund interest in PFF, some specials loans, and in some investments.
9520 is very small amount so I would recommend to earn some and then give money. Even if it is a bank, a bank like kotak 10k as minimum amount as deposit.
So wait and earn more.
Invest in bitcoins and stocks after
Simple formula amount formula,
A=P +SI
AMOUNT COMES out to 7000(one time investment) provided interest rate remains constant.
I don't how you will get 9% simple interest. IF you 9% interest in normal cases is extremly good.
Case 2) Compound interest
A =P +(1+r/100)^n
9520=x +(1+9/100)^4
6744.160=x
You will get compund interest in PFF, some specials loans, and in some investments.
9520 is very small amount so I would recommend to earn some and then give money. Even if it is a bank, a bank like kotak 10k as minimum amount as deposit.
So wait and earn more.
Invest in bitcoins and stocks after
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