Forums
Forex
AFM
Hello Sir, Why interest rates are not additive?
Answers (3)
Sriram Somayajula Admin
Think of fd on which interest is paid every year at 10% Is 100 x 1.1 x 1.1 same as 100 x (1.2) Simple vs compound interest logic
Entire finance and real world runs on compound interest unless specified otherwise
Courses
Course Guides
Offerings
CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C