calculate interest saved because of a reduction of interest rate per year (Assuming No leap year)

Currently, in India, rate of interest for loan has been reduced by 0.25%.

Want to calculate saving per annum.

Assume: Interest is calculated on daily basic.

Solution Stats

75 Solutions

61 Solvers

Last Solution submitted on Jul 15, 2025

Last 200 Solutions

Problem Comments

Solution Comments

Show comments
Loading...

Problem Recent Solvers61

Suggested Problems

More from this Author70

Problem Tags

Community Treasure Hunt

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

Start Hunting!