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Simple And Compound Interest Fixed Deposit Calculation by Mrviktor(m): 1:46pm On Sep 18, 2022 |
So I was thinking about something I saw somewhere.. A fixed deposit kind of calculation and the math behind it.. I was to ask if anyone could shed more light on. It. I have been able to calculate the normal compound interest.. But where I'm struggling is with added deposit or increased tenure.. Like let's say. Mr A invsted 9,ooo,ooo for 500 days. At an interest rate of 9%, den after 200 days mr A decided to increase the principal by 5oo,ooo, What is the interest going to be ? At the end of 500 days. With calculation please.. |
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