RE:More calculation
by Sandeep Sontakke on Aug 03, 2008 02:53 AM Permalink
I did check out & they wanted credit card details. I thought it was too risky. What was your experience ? Is that genuine one & have you really earned money ?
Suggestion: if u format the result cell as percentage, u can avoid *100 in the formula, thus making it simpler. This is useful in - CAGR, Post-Tax return, Post-Tax yield, Real rate of return- wherein the *100 may cause error in the formula if your parenthesis (()) are not set properly.
It will be very much helpfull, if such calculation is provided for housing loans also - fixed & variable. With the regular changes being done, it will be very much usefull.
RE:Please provide the print preview option
by Vineel B on Jul 30, 2008 09:59 PM Permalink
I just copied text of each page and pasted it one by one on a new word document and then did some formatting
The information was really clear to understand. This would have helped many people. Gr8 Rediff.
Can anyone clarify or tell me the formula on how to calculate the interest earned on FD for the financial year, for : 1) If the FD is opened on 15-aug-06, 5 year term 8%, compounded quaterly. How to calculate the interest earned for the period 1-apr-07 to 31-mar-08.
If the last quater of the FD fall in the mid of may07 do we need take the full interest as income for 2007-08 or only the days.
RE:How to calculate interest earned during a financial year
by Nagaraju Gajula on Jul 24, 2008 06:48 PM Permalink
interest will be y* (1 8%) - y where y is your invested amount
