SBI deposit rates as on June 14, 2022. So, after the recent hike in FD rates, the maximum Fd rate continues to be 5.5% and 6.3% for senior citizens maintaining deposits for over 5 years. Tenure.

Why does the lost child lose interest in the things that he had wanted earlier ? Answer: The child was with his parents. He was happy. He had interest in many things. These were a toy, balloon, burfi, etc. But he is without his parents now. He is a lost child. So these things have no interest for him. He simply wants his parents. Question 5.

Solution Always take a moment to identify the values given in the problem. Here we are given: Time is 2 years: \(t = 2\) Initial amount is $500: \(P = 500\) The rate is 4%. Write this as a decimal: \(r = 0.04\) Now apply the formula: \(\begin{align}I &= Prt \\ &= 500(0.04)(2) \\ &= \bbox[border: 1px solid black; padding: 2px]{40}\end{align}\)

The compound interest formula [1] is as follows: Where: T = Total accrued, including interest. PA = Principal amount. roi = The annual rate of interest for the amount borrowed or deposited. t = The number of times the interest compounds yearly. y = The number of years the principal amount has been borrowed or deposited.

A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent OPtion 1) 12 2) 8 3) 5 4) 6.5 5) 7.5 6) 6 7) 7 8) 8.5 9) 9 10) None of these Solution S.I.=P∗R∗T/100 =>R= (S.I.∗100)/ (P∗T) So, S.I = 15500 - 12500 = 3000. =>R=3000∗100/ (12500∗4)=6% Correct Option: 6 Best Solution (6) S. Singh 2 years AGO

5.99% APR 1 – 16.33% APR 1 For college students earning a bachelor's or associate's degree, or a certificate at a degree-granting school. Lowest rates shown include the auto debit discount. Apply now Career training student loans Fixed rates: 4.50% APR 2 – 15.10% APR 2 Variable rates: 6.00% APR 2 – 16.45% APR 2

1. It is highly exploitative in character be­cause of the inherent profit motive. 2. Since such credit is provided largely for unproductive purposes the rate of interest charged is very high. 3. Such credit is not necessarily directed to­ward needy persons or desired channels. 4.

Calculate Canara Bank Education Loan latest interest rates and monthly EMI easily online-Canara Bank interest rates Education Loan.

IDFC first bank education loan offers up to 75 Lakhs focusing on universities based in.

Last Updated On : Monday, 22-05-2023 Limited Time Offers - Unlimited Joy More Information More Information Education Loan Scheme More Information Personal Loans Schemes More Information Loan Against Securities And Consumer Durable Loans More Information

Find the Loan Amount. To calculate the loan amount we use the loan equation formula in original form: P V = P M T i [ 1 − 1 ( 1 + i) n] Example: Your bank offers a loan at an annual interest rate of 6% and you are willing to pay $250 per month for 4 years (48 months).

Compound interest calculator. Savings goal calculator. Debt Management calculators. Total loan cost calculator. Debt pay-down calculator. Credit card interest calculator.