FinTech Worksheet Day 007 EA

 FinTech Worksheet Day 007 EA

1000Hrs To 1100 Hrs  ♀️

Open and Check your Gmail, WhatsApp, Facebook, Twitter, Pinterest, Quora Open and Reply or share do the needful.

1100Hrs To 1300 Hrs  ‍♀  

Mr. Shyam have Rs. 50 lakhs in his bank account at present. His two very dear friends Mr. Rohan and Mr. Mohan have a startup plan and want Mr. Shyam to invest in their business. Shyam knows that charging interest on basis of compound interest would gain him more profit. So, he would lend it on CI charging his interest rate of 5%. But Rohan & Mohan convinced him to charge them SI as he is a very dear friend. Finally, Shyam agreed to lend them 50% of the amount on the basis of simple interest and the remaining amount on the basis of compound interest, But on a condition that the interest rate would be 8% in this case. Which method should Rohan and Mohan would choose and why?

 

  

1300Hrs To 1400 Hrs 

Lunch Break   🧁🍪🍮🥧🍰🍩🎂

1400Hrs To 1500 Hrs 🙇🙇🏻‍♀

Q2 Which rate of interest is better when you give loan to someone and why? (simple interest, compound interest , or a mix of both in any percentage)

1600Hrs To 1700 Hrs 🙇🙇🏻‍♀

 What is “Interest on interest” and how does it differ from “basic interest” ?

Make Your Day 007   Report of all Work done.  After Completion of the work, kindly send Report to,    [ Copy + Paste Only ] 

hr@aircrewsaviation.com, 

Ektaaggarwal.aircrews@gmail.com

Ekta Agrawal 

Manager – Fin-tech

AirCrews Aviation Pvt. Ltd.
Ektaaggarwal.aircrews@gmail.com
Aircrews.ektaaggarwal@gmail.com
LinkedIn - http://linkedin.com/in/ekta-aggarwal-542ba6109