Which bank Gives maximum interest rate on Fixed deposit #shorts #investing #bank #interestingfacts

A bank's fixed deposit is also referred to as a.

The rates of simple interest in two banks x and y are in the ratio of 10:8. Rajni wants to deposit his total savings in two banks in such a way that she receive equal half-yearly interest from both. She should deposit the savings in banks x and y in the ratio of

The usual deposit accounts of banks are

Ganesh makes a fixed deposit of Rs. 40,000 in a bank for a year at 20% per annum simple interest. Haish makes a fixed deposit of an equal sum for the same period and at the same rate of interest, interest being compounded half-yearly. Find the difference between maturity values of investment of Harish and Ganesh. (in Rs.)