Professional Answers on Investments
Insurance, Mutual Funds, Sensex, Nifty, Financial Planning
check the finanace calculator of banks online.
First find the total principle per month.
Formula- P[ n/2 (n+1)]
Then find the interest.
Formula- Total Principle calculated X rate/100 X 1/12
Then calculate the amount.
Formula- P X n + interest calculated
Here P stands for money deposited per month and n stands for no. of months!
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