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Simple interst a man invest rs.3965 in the name of his 3 daughter n. g anrd s in such way that get the same amount after 2,3 and 4 years respectily if the rate of interst is 5%p.a then the amoune invested forn, d, and s

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  • Anonymous Jun 21, 2008

    4590*8%*120

  • dfffffffffff Jan 09, 2009

    Please describe the specifics of your problem below. We'll add
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Principal * rate * time (years) + principal = balance
3965 * .05 * {2,3,4} + 3965
4361.5 4559.75 4758

Posted on Apr 19, 2008

  • Regan
    Regan May 03, 2014

    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

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I am a fresher earning 25k per month. I want to invest 20000 rs every month. Apart from fixed deposits and gold investments, how can I productively invest and yield the greatest amount of money in the...


Fixed deposits are one of the most safe and secure ways of investing. Besides it there is one more option which you must explore, and i.e., Public Provident Fund. PPF has a lot of edge over most other types of investments not only it provides a high rate of interest of around 8%, but also it can help you enjoy tax exemptions.
Before you invested in PPF you also must some money out for your expenses and insurance coverage. After you have sidelined some money for your other expenses and investments you can keep investing in PPF for a period of 15 years and you can extend the period by 5 more years. The current limit to PPF is Rs. 1,50,000/-. If after investing in it if you still have funds remaining to invest then you can invest in FDs and choose a return type of monthly, quarterly, half-yearly or annually.

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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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Math word problem solver


$15,000 at 3% and $6,000 at 7%.

If this is homework, be sure to show your work.

Sep 06, 2014 | Office Equipment & Supplies

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
=> simple interest = 8000 * .12 * 2 = 1920 => amount after 2 years = amount invested + simple interest = 8000+1920 = 9920
I hope this helps and good luck! If you have more questions - ask away!
Don.

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1 Answer

Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit...


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Mathematical Calculation


Following formula we can use.

S=P(1+RT)
WHERE S =INVEST AMOUNT+PROFIT
P=INVEST AMOUNT
R= RATE OF RETURN
T=TIME IN YEARS

EX : (300+x) = x(1+(5.4/100)*1)
(300+x)*100 = 105.4x
x=30000/5.4
x=5555. 4

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Need your help


Try the FV function Syntax
FV(rate,nper,pmt,pv,type)

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