Tally allows you to calculate interest in two ways: in easy mode and in advanced mode. In most cases, interest is computed on past-due bills or late payments, as well as on loans. Interest is a source of income for the recipient and a source of expense for the payment.
SI = P R T, where P = Principal, R = Rate of Interest, and T = Time Period, is a formula for calculating simple interest.
Simple interest is found in monthly amortised car loans and monthly amortised retailer instalment loans; as the loan balance decreases with each monthly payment, so does the interest. CDs pay a certain amount of interest on a predetermined date, reflecting simple interest.
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DEVRAJ SINGH
4
Sir without subscription ke tally use nhi kar sakte h kya because agar me busy karunga to uska premium cost mere budget se bahar ja rha h....
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Harmandarsing darshansing dudhani
5
How I get the serial number and activation key?
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SHAIK ayaz
5
Excellent sir
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Sayyed Alima Akbar
5
Very good course
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Riya
4
sir where can I check my assigment answer
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Ankit Bhardwaj
5
Very good course with detailed explanation
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Zahra Musthafa
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i need english classes plz
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NIKET TANDON
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Yes
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Dinesh ostwal
5
to good
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Raj Luhar
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the video and teaching is too good and last i am also gujarati : )
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