How do I calculate monthly interest on a regular savings account?

How to calculate simple or compound interest for savings account,term account and recurring deposit account?

Answer:

You can find simple and compound interest calculations at http://en.wikipedia.org/wiki/Compound_interest#Mathematics_of_interest_rates

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You can find simple and compound interest calculations at http://en.wikipedia.org/wiki/Compound_interest#Mathematics_of_interest_rates

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