Showing posts with label compound interest. Show all posts
Monday, January 23, 2023

Using 5 Times 1 to Equal 100

Have you ever heard of the mathematical equation 5 times 1 equals 100? It may sound impossible, but it is actually possible to use 5 times 1 to equal 100. In this article, we will explore how this equation works and how it can be used in everyday life.

Wednesday, January 11, 2023

Calculating Compound and Simple Interest Rates on Fixed Deposits

Fixed deposits are a great way to save money and earn interest. It is important to understand the difference between compound and simple interest rates when investing in a fixed deposit. This article will explain the differences between the two and how to calculate them.

Sunday, January 8, 2023

What are the Benefits of Calculating Compound Interest on Principal Amount Continuously?

Compound interest is a powerful tool for growing your money. It is the interest earned on the principal amount and the accumulated interest of previous periods. When the interest is calculated continuously, the amount of interest earned increases exponentially. This article will discuss the benefits of calculating compound interest on the principal amount continuously.

Wednesday, January 4, 2023

How to Calculate the Rate of Interest with Compound Interest, Simple Interest and Year Given

Calculating the rate of interest can be a tricky task, especially when you are dealing with compound interest and simple interest. Knowing the year and the amount of interest can help you calculate the rate of interest. In this article, we will discuss how to calculate the rate of interest with compound interest, simple interest and the year given.

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