Interest rates
This query is : Resolved
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.....
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
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)
In shorterm the out going interest (amount is less)
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