When the partners withdraw ............ amounts of money at different time intervals, the interest is calculated using the............ method.

Unequal, product

When partners withdraw varying amounts of money at different times, the interest on drawings is calculated using the product method. This method involves multiplying each withdrawal amount by the period it remained withdrawn (usually in months) during the financial year. The period is calculated from the date of the withdrawal until the last day of the accounting year. These individual products are then totaled, and the interest is calculated by multiplying the total of the products by the specified interest rate, divided by 12.