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Pls give me the java coding for simple interest using formula pnr/100

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Var SA;
var PNR = <PNR>;
SA = PNR / 100;

check the details here

Posted on Dec 24, 2008

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What is the formula to figure 4% daily on 380,000.00 ? Or on any amount ?


premium X % X time
so 380,00000 X4/100 X 1 year
it calculated as the amount ( premium ) multiplied by the percentage of 100 multiplied by the period in years or parts of a year
so it can be 100 X 25% or 1/4(25/100) by the period (5 years or daily (1/365 of a year)
This is known as simple interest
compound interest is calculated on remaining premium after payment X the interest rate by the day or week or month
so for example 100 X 4/100 X 1/12 is the first calculation for the month and for the next month the calculation will be premium of 80 ( if a 20 payment was made in the month X 4/100 X 1/12 and so on if payment are made on time
pm the other hand if no payment are made then the premium goes up by the interest rate
so for the next month it is 104 X 4/100 X 1/12 and the month after that 108.16 X 4/100 X 1/12.and so on
banks use compound when calculating home loan repayments and simple interest when paying interest on your deposits
( has to be in the bank for 367 days to get the interest paid )

Nov 30, 2017 | The Computers & Internet

1 Answer

Where can I check PNR status?


You can check PNR status anywhere online or offline.
If you can't use an internet, you can check PNR status by SMS or call their helpdesk.
But if you can use an internet, then checking it online is the easiest and fastest way to check PNR status.
Just go to this link to check your PNR status with details: https://pnr.in.net/

Feb 04, 2017 | Computers & Internet

1 Answer

Formula of simple interest


Interest = P x i/100 x n
P - Capital
i - Interest rate per unit time (month/year)
n - No. of time units (months/years)

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My hp is giving me wrong principal and interest payments.


Various formulas for calculating interests exist. Make sure you are using the correct one. If a C appears on the bottom of the screen and to the right, the interests are compounded. If No C is displayed the interests are simple. That could explain the discrepancies.

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Need a formulae for 'Interest calculation' for 'Over-draft loan'


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1 Answer

IF Formula


You can use this formula
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Which means
If the number above is less than or equal to 100, then the formula displays "Within budget". Otherwise, the function displays "Over budget" (Within budget)
or you and try something like this
=IF(A2=100,SUM(B5:B15),"")
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I got these examples from the help within Exel they give several more examples and more expaination.

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1 Answer

Help with simple excel calculations


Hello.

For cell B1 you can use this (without the quotes) "=A1"

Then for cell A2 and down you don't need a formula, but for B2 you can use this formula. "=(B1+A2)" Then click on that cell and drag the mouse down for as many cells as you want this formula to include and press Control and F keys to fill the formula down the column.

For your second formula, you would type 100 into D1 and in D2 you would use the formula "=D1-E1" (again, no quotes).

Feel free to let me know if you need any more clarification or if I missed something!

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