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Feb 23, 2011 at 08:07 AM

Interest Calculation solution for Mutual Funds......

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Dear Experts

I need a solution for an investment an amount of USD 5000 in mutual funds, after three months we will receive 8 % of interest. what you guys suggest to use for interest calculation. As we have one GL (investments) and 1 for Interests and we are Variable Investments from Mutul funds on monthly or daily basis.

Please propose good solution

MAZ