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How much is earned at the end of the 20th year

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Guess your question is incomplete. Should know how much you are earning now and the increments you are going to get

Posted on Apr 28, 2015

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6ya6ya
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Posted on Jan 02, 2017

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Fixed Deposit for Investment


As per my understanding, you have Rs. 20 lakhs, out of which you want to invest Rs. 70K in fixed deposit. In such situation, you may be concerned whether you will be taxed or not.

Let me assure you that you may not come under the bridge of TDS as the earned interest will not be high.
TDS is deducted from the interest of an FD, if the earned interest exceeds the limit of Rs. 10K in one year. But, your principal amount is Rs. 70K, which you may invest at an interest rate of 7.80%. This will turn out to be Rs. 75K at the end of one year. So, an earning of Rs. 5K will not be taxed.

Even if, you get a higher rate of interest on fixed deposit, fortunately, you will still remain under the TDS bracket. So, you can easily proceed with your investment plan.

Apr 05, 2017 | Finance

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Haven't got any stats since may 20th, anything wrong with my account. Also, the plastic tip at the end of the clip fell off, does this make a difference with the connection?


Patricia -

What in the world are you talking about?? If related to your car - please provide year, make and model and the system your accessing. Otherwise, please provide detailed background info in your question so we will know how to help :-)

Jun 10, 2015 | Cars & Trucks

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Ignacio earns 5 percent simple interest annually on his savings account. How much interest will he earn each month on $1250?


About $5.21. Though if it's truly simple interest then he may not earn any interest until he receives $62.50 at the end of the year.

May 26, 2014 | Computers & Internet

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Please help me solve this equation. What is the principal that must be invested for 6 years at 10.5% to earn R2200.50 simple interest


With simple interest, there is no compounding. To earn 2200.50 interest in six years, you need to earn 2200.50/6 = 366.75 each year. In order to earn 366.75 at 10.5%, you need a principal of 366.75/10.5% = 3492.86.

If the interest is compounded annually then you only need to invest 2682.13.

May 03, 2014 | Casio FX-115ES Scientific Calculator

1 Answer

Compound interest


Well if you started with zero in the first year, then $164494, of which $30000 was yours, so earnings are 134494.

If you started with $1000, then $181943, of which $31000 was yours, so earnings are $150943

Nov 20, 2013 | Texas Instruments TI-30X-IISTK Scientific...

2 Answers

Find the future value of an annuity of $1288 deposited the end of the year for 14 years; money earns 7% compounded annually.


If 1288 is deposited yearly The Final Amount is:
34,399.33 USD

If 1288 is deposited only once The Final Amount is:
3,321.15 USD

Oct 11, 2013 | Vehicle Parts & Accessories

2 Answers

In my earnings page for this website i see $5 how do i claim it and get it?


You need to have at least $50 before they will send you a check currently. You can find the terms of payment at http://www.fixya.com/FAQexp.aspx#x16

Hope this helps. Please leave feedback. Thanks.

Mar 17, 2011 | HP Pavilion ze2000 Notebook

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On the Sharp EL-738 calculator, how do I find the interest rate? The question is: Jane earns $300 interest over four years on her investment of $1,200. What annual simple interest rate does this...


Hi,

Jane starts with 1200$ at the beginning of the first year, and at the end of the fourth year she has 1200$+300$=1500$
Use x for her annual interest rate, that means at the end of the first year she will have 1200$*[(100+x)/100]. At the end of the second year her first-year money earns at the same rate, so she will have 1200$*[(100+x)/100]*[(100+x)/100]=1200$*[(100+x)/100]^2 at the end of the second year.
At the end of the third year she will have 1200$*[(100+x)/100]^2 *[(100+x)/100]=1200$*[(100+x)/100]^3
At the end of the fourth year she will have
1200$*[(100+x)/100]^3 *[(100+x)/100]=1200$*[(100+x)/100]^4 which is equals to 1500$

1200$*[(100+x)/100]^4=1500$ divide both sides by 1200$
[(100+x)/100]^4=1,25 take the fourth root of both sides
(100+x)/100=1,05737 both sides*100
100+x = 105,737 both sides -100
x=5,737
So Jane's annaual interest rate was 5,737%.

Hope it helps you.

Mar 10, 2011 | Sharp EL-738 Scientific Calculator

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