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Results tagged with compound-interest
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user 41381
Compound interest is the result of reinvesting interest so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
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How to calculate the return from a mutual fund?
How do I calculate the return from a mutual fund invested as a monthly SIP of Rs. 5000 over a period of 3 years at a return rate of 20.4% per annum?
The projected amount for the same is calculated by …
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