the interest for 2 Lakhs?

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  • the interest for 2 Lakhs?


Answer #1 | 23/12 2013 10:40
200,000 * 0.09 / 12 = 1500 per month. What amounts are the online calculators giving you? What is the 9% based on, yearly compounding, month, daily, that would make some difference.
Positive: 73 %
Answer #2 | 23/12 2013 22:42
If annual interest rate is 9%, interest per month is Rs.1441.46. Interest for 3months is Rs.4355.64.(Quarterly interest) Interest per year is Rs.18000/-
Positive: 67 %

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