The interest is 5980*1536/100*6 = 5597.28 And the total amount is 11577.28
Rate of interest.
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
289 in the first year.
Company has paid 2000 cash for interest due to which interest payable reduced by 2000.
It is 240 currency units.
U get a amount of 30.
Every year company will provide PF Statement which contains your PF Contribution amount, Company's Contribution amount, total amount and Interest