Interest rates


This query is : Resolved 

(Querist)
11 June 2013 why interest rates are low in long run for FD 's i.e

2-3yr-8%
3-4yr 9%
4-5yr 8.5%

i have observed in many banks....
plz any one can explain.....

11 June 2013 you have concept of compund interest

Rajashekhar (Querist)
11 June 2013 i cant get you....can you explain elaborately.....

24 August 2013 while long term, outgoing interest cost(amount) for the bank will be more so rate is less

In shorterm the out going interest (amount is less)


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