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year wise int calculator

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(Querist)
27 February 2009 Sir/Madam

Should we calculate year wise int calculation on op. outstanding or closing o/s.

can any one give me the excel sheet of the int calculation
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
14 March 2012 On what do you want to calculate the interest?

Normally interest is calculated on monthly closing balance.
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