The formula for simple interest is as follows ... The interest rate, which may also be called your rate of return. This is how much interest your principal balance will earn.

Suppose you invest ₹4,50,000 in an FD for 9 years with an interest rate of 7.00% compounded half-yearly. Then, the calculation will be as follows: Calculating interest manually using formulas ...

Learn what CAGR (Compound Annual Growth Rate) means, how to calculate it, and why it matters for investors. Explore its ...