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  2. Original issue discount - Wikipedia

    en.wikipedia.org/wiki/Original_issue_discount

    Original Issue Discount ( OID) is a type of interest that is not payable as it accrues. OID is normally created when a debt, usually a bond, is issued at a discount. In effect, selling a bond at a discount converts stated principal into a return on investment, or interest. The accurate determination of principal and interest is necessary in ...

  3. Indian paisa - Wikipedia

    en.wikipedia.org/wiki/Indian_paisa

    The Indian paisa (plural: paise) is a ⁄100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the " metric system for coinage ". From 1957 to 1964, the paisa was called ...

  4. History of the rupee - Wikipedia

    en.wikipedia.org/wiki/History_of_the_rupee

    The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas.

  5. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    The rupee was worth one shilling and sixpence in sterling in 1947. The US dollar was worth ₹ 3 in 1947 not 1, and ₹ 82.62 in 2023 Notes. The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates.

  6. Coins of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Coins_of_the_Indian_rupee

    The denominations in circulation were 1, 2, 3, 5, 10, 20, 25, 50 (naya) paisa and one rupee. Since rupees retained their pre-decimal value, pre-decimal coins of one, half and quarter rupees remained in circulation after decimalisation. With effect from 30 September 1968, all anna coins and British Indian (pre-decimalisation) rupee coins minted ...

  7. Ogden tables - Wikipedia

    en.wikipedia.org/wiki/Ogden_tables

    Ogden tables. The Ogden tables are a set of statistical tables and other information for use in court cases in the UK. Their purpose is to make it easier to calculate future losses in personal injury and fatal accident cases. The tables take into account life expectancy and provide a range of discount rates from -2.0% to 3.0% in steps of 0.5%.

  8. Opening Your First CD? 3 Pitfalls to Avoid - AOL

    www.aol.com/opening-first-cd-3-pitfalls...

    Here are three big ones you should try to avoid. 1. Not looking around for the best rate. CD rates aren't universal. Each bank sets its own rates for the products it offers. And those can vary ...

  9. Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Indian_Rupee

    The Digital Rupee (e₹) [39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [41]

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