Interest
r/NepalStock
Your opinion on, will the interest rate decrease next month?
Cause interest rate is inversely proportional to direction of movement of market. View on r/NepalStock by -No-One-Nepal
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r/NepalStock
How is total interest in fixed deposit calculated?
Apparently Prime bank calculates interest amount in days rather than months. If I have FD of 10lakhs for 10% for 6 months. The return I should get is (10%\*1000000)/2 – 5% tax = 47500 but I get slightly lower amount because its calculated in days. Sometimes its 500rs less, sometimes its 1000. Is this the […]
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