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Financial FAQs Page

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Yes, you can use a credit card payoff calculator for different interest rates.
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The question of whether Unit-Linked Insurance Plans (ULIPs) are better than mutual funds (MFs) is a complex one that depends on individual factors and financial goals.
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Yes, a credit card payoff calculator can work for any type of credit card, even multiple ones.
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Inflation affects simple interest calculation by reducing the real value of the interest earned over time. As prices increase due to inflation, the purchasing power of the money earned in interest decreases.
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A simple interest calculator is designed for fixed rates and straightforward calculations, it is not suitable for variable interest rates due to the following reasons
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Basic investment calculators do not automatically factor in taxes payable on earnings.
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A PPF (Public Provident Fund) calculator is typically designed to calculate returns for a single account.
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