$5.77
4000
Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
It is 300.
600.00$
(10000)(0.8)(5)/100 ~ 10400
4000
5000
4000
The formula to calculate interest is as follows: Interest = Principal * No. of years * Rate of Interest / 100 So Interest = 10000 * 0.5 * 8 / 100 = 400/- The interest you will receive interest at the end of the 6 month period is Rs. 400/-
Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.
debit cash 9000debit tax 1000credit interest income 10000
Principle = 10,000/-Interest Rate = 0.08Tenor = 5 YEARSValue of deposit on maturity = Principle X (1+Interest Rate) ^ Tenor= 10,000 X (1+0.08)^5 = Rs 14,693.28
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
1.5% per month or part there of, till tds is paid Deduction due date paid date 10000 7.7.2012 8.7.12 interest 150 10000 7.7.2012 8.8.12 interest 300 10000 7.7.2012 8.9.12 interest 450 ...like
79.17
The monthly interest is 100.