Financial mnagement
This query is : Resolved
17 May 2014
How to Calculate the Following Sum in Ordinary Calculator.
Question : 2000(1+0.10/365)^730
Answer : 2442.70
Question : 2000(1+0.10/365)^730
Answer : 2442.70
Sandeep Dharar
(Expert)
17 May 2014
Is 730 multiplied or what?
Sandeep Dharar
(Expert)
17 May 2014
I think it is power. Plz confirm
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Sandeep Dharar
(Expert)
17 May 2014
Then in calculator type 1.1/365 the result will b 0.00301369863 then put * and press = sign 729 times( u may reduce the no. upto six decimals as per ICAI guidelines)then * it with 2000.
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Sandeep Dharar
(Expert)
17 May 2014
Or if u r facing difficulty with six decimal then reduce it to 2 decimal n put a note for that.
Sandeep Dharar
(Expert)
17 May 2014
U r welcome Gowtham
Well, u can convey ur thanks by hitting the thanks button.
Well, u can convey ur thanks by hitting the thanks button.
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