Fixed deposits are one of the safest and most reliable investment options available. However, estimating the returns ...

Simple interest is more favorable for borrowers due to its non-compounding nature. Compound interest benefits ... receive $500 until the bond reaches maturity. When you deposit money into an ...

Because the formula of compound interest works here. Now suppose 15 years of PPF maturity are completed, then you will have Rs 40,68,209 in your account. In this, the total deposit amount will be ...