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If 8% interest is added to 130.68 what is the original investment

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Makes no sense. 130.68 is the original. IF YOU'RE SAYING that adding 8% leaves you with a total of 130.68 and you want the initial investment, divide 130.68 by 1.08. You answer is 121.00

Posted on May 03, 2017

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130.68 dollars.

Posted on May 03, 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.

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1 Answer

An original investment of 10,000 earns 7.50% interest compound continously, What will the investment be worth in 3 years? 30 years?


A=P(1+i)^n, where P is the Principal, i is the interest rate per period, and n is the number of periods.

A=10,000(1+0.075)^3, assuming the interest is compounded annually

For 30 years, we would replace the number of period 3 with a 30.

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1 Answer

8000 invested at 12% single interest.what is the amount at the end of 2 years


Single interest is calculated on the 'original principle amount' only. Accumulated interest from prior periods is not used in calculations for the following periods.
Simple Interest = p * i * n
Where p = original principal amount (i.e. the amount that was borrowed, loaned, invested) i = interest rage for one period n = the number of periods
so in your example p = 8000 i = 12% (12/100 = 0.12) n = 2
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Don.

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1 Answer

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


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How is interest calculated on recurring deposit accounts in banks


Recurring deposit interest is calculation may vary depends on compounding period. You have to invest an amount every month interest will be calculated for the current holding in your recurring deposit account. And every compounding period interest amount will be added into holdings or available balance. You can calculate the Recurring deposit using this recurring deposit calculator

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Try the FV function Syntax
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