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Bank FDs typically compound at a quarterly interval. What does this mean? It means that at the end of every quarter, the deposit is reinvested with the interest generated in the previous quarter.
Risk-averse investors have had a rough time with the falling interest rates. While fixed deposits returned over 8% not too long back, they now return 4-5% before taxes now. There are several ways to ...
While the outcomes of both investments may look similar, they have a significantly different impact. If you take a different example. Since both fixed income instruments used in the example above have ...