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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Priyanshi Sharma
5
Too good for students who want to learn something new. detailed explanation . A very experience .
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Zalavadiya Bansi Shaileshbhai
5
Good👍
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vini mehta
5
video get hang if we pause or reverse it
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Binendra Kumar
5
Nice
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NANDANI PATIDAR
5
Good class
D
DEENANATH
5
This is good system for computer courses
R
Ritika Dhiman
4
Do I need a licence to use tally in proper way or to work with any company?
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Aniket Sharma
5
Good
A
Amrin taj
5
I'm unable to apply for certificate it's showing technical errors
A
Amrin taj
5
I'm unable to apply for certificate it's showing technical errors
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