Wrong calculation in yearly compounding
Wrong calculation in yearly compounding calculation just example 50000 at the interest rate 3% per month the result is 3995 this is wrong calculation right calculation is 4500 for 3 month ,,,pls reply it
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Wrong calculation in yearly compounding calculation just example 50000 at the interest rate 3% per month the result is 3995 this is wrong calculation right calculation is 4500 for 3 month ,,,pls reply it
Nice app.
This app calculates interest wrongly and provides inaccurate data. DO NOT trust this apps calculation !!!
Simple interest caluculation. 1000/- 365 days 12% is showing interest 1460/- Total 2460/-
In bank interest after selecting period the total interest and total amount is showing wrong if calculated on compound interest basis kindly check and resolve for example Rs 1,00,000 compounded monthly at 10.5% for 1 year interest amount is 11052 whereas calculated with period selection it is showing as 173622 kindly check and resolve soon