Problem 2835. calculate interest saved because of reduction of interest rate

Created by Pritesh Shah

Solve Later

{"relationships":[{"relationshipType":"http://schemas.mathworks.com/matlab/code/2013/relationships/document","relationshipId":"rId1","target":"/matlab/document.xml"},{"relationshipType":"http://schemas.mathworks.com/matlab/code/2013/relationships/output","relationshipId":"rId2","target":"/matlab/output.xml"}],"parts":[{"partUri":"/matlab/document.xml","relationship":[],"contentType":"application/vnd.mathworks.matlab.code.document+xml","content":"<?xml version=\"1.0\" encoding=\"UTF-8\"?><w:document xmlns:w=\"http://schemas.openxmlformats.org/wordprocessingml/2006/main\"><w:body><w:p><w:pPr><w:pStyle w:val=\"text\"/></w:pPr><w:r><w:t>calculate interest saved because of a reduction of interest rate per year (Assuming No leap year)</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>Currently, in India, rate of interest for loan has been reduced by 0.25%.</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>Want to calculate saving per annum.</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>Assume: Interest is calculated on daily basic.</w:t></w:r></w:p></w:body></w:document>"},{"partUri":"/matlab/output.xml","contentType":"text/xml","content":"<?xml version=\"1.0\" encoding=\"UTF-8\" standalone=\"no\" ?><embeddedOutputs><metaData><evaluationState>manual</evaluationState><layoutState>code</layoutState><outputStatus>ready</outputStatus></metaData><outputArray type=\"array\"/><regionArray type=\"array\"/></embeddedOutputs>"}]}

Solve

Solution Stats

64 Solutions
52 Solvers

Last Solution submitted on Oct 25, 2022

Last 200 Solutions

Problem Comments

1 Comment

1 Comment

mahesh kumar on 9 Dec 2020

Problem Recent Solvers52

Problem Tags

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!

Problem 2835. calculate interest saved because of reduction of interest rate

Solution Stats

Last 200 Solutions

Problem Comments

Problem Recent Solvers52

Suggested Problems

More from this Author70

Problem Tags

Community Treasure Hunt

Problem 2835. calculate interest saved because of reduction of interest rate

Solution Stats

Last 200 Solutions

Problem Comments

Problem Recent Solvers52

Suggested Problems

More from this Author70

Problem Tags

Community Treasure Hunt

Players