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A sum of money at compound interest amounts to fifth

Answer 1 of 2 Its a simple mental calculation if one the knows the concept of compound intrest, So I will explain both concept and answer Amounts in compound intrest follow a common ratio of rate, Basically they are in Geometric Progression Let ,...

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FREQUENTLY ASKED QUE STIONS STAMP DUTY

Q 9 Is it mandatory to pay stamp duty on interest to be accrued on the loan irrespective of documents executed as security for such loan? Ans No Stamp duty is to be paid on loan amount No duty need be paid on interest to be accrued Q Is there deduction of stamp duty in respect of sale deed relating to property...

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Mar 04, 2016 For State Bank Of India If you are not a senior citizen and you invest Rs 100000/- for 1 month Interest rate will be = 550 You will get, Interest = Rs 45204/- in 1 month And Maturity Value after 1 month = Rs 10045204/- And if you invest Rs, Read More what is the interest for 100rs in mining...

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How much time will it take for an amount of Rs 450 to ,

Interest=PNR/100 where P=prinicipal, N=peroid and R=rate of interest N=81 100/450 45=8100/2025=40 years Time taken for an amount of Rs 450 to yield Rs 81 as interest at 45 per annum of simple interest is 40 years...

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Mauritius Interest Rate 2022 Data 2023 Forecast 2006 ,

Interest Rate in Mauritius averaged 431 percent from 2006 until 2021, reaching an all time high of 925 percent in June of 2007 and a record low of 185 percent in April of 2020 This page provides - Mauritius Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news...

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The difference between simple and compound interests ,

Answer 1 of 6 CI = P 1 r/n t = P 1 9/100 2 = P 1 009 2 = P 109 2 = P 11881 SI = P r t = P 9/100 2 = P 18/100 = P 018 Now, CI- SI= P 11881 - P ....

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The simple interest on a sum of money is 2/9th of the ,

Answer Ans Suppose the principal = P then SI = 2/9 P If the rate of interest pa = r then the time is r Therefore 2/9 P = P x r x r/100 =>r 2 = 200/9 =>r ,...

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Indicative Interest Rates SBM Bank Mauritius

The above interest rates for term deposits are for deposits up to MUR 5,000,000 For large single deposits exceeding MUR 5,000,000 and for longer periods, please contact your Service Supervisor Non-individuals or businesses are requested to contact their respective Relationship Officer for indicative rat...

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SBM Bank India Ltd FD Rates

01-11-2021 0183 32 What is the highest rate at which one can earn returns on SBM FD? As per the prevailing SBM Bank FD interest rates, the bank is offering a 660 ,...

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Indian Bank Fixed Deposit Interest Rates Schemes 2022

01-11-2021 0183 32 Indian Bank offers various types of fixed deposit schemes to both regular individuals and senior citizens at attractive interest rat The bank provides fixed deposit schemes for a period of 7 days short-term to 10 years long-term The following are the Indian Bank FD Rates 2022 across tenure options provided by the bank...

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Introduction to bond funds 1 Interest rates and Fixed , Nov 20, 2016 MrA on 1st Jan 2016 collected the first interest of 10Rs from bank and decided to sell the bond in the secondary market, he however noticed that at 8 interest rate, a new bond for 1 year could only fetch 108Rs in an year 100Rs par value 8Rs interest whereas his bond, with a coupon rate of ,...

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