What do the variables contained by this equation imply V = P [1 + (r/m)^mt]?
it says where on earth V is the calculated compound interest, P is the initial investment, r is the interest rate, m is the number of times the interest is compounded per year, and t is the number of years. What would have be the difference between interest compounded annually and quarterly at 5%, 8%?i am certain P is given as 1700 within the beginning and t is 220.. but what is the efficacy of r and m.. r = 5/100 or 8/100? what is m?
Answers: log(v)=log(1700) +(220m*log(1+.05/m))
I think you enjoy to know the value of V to acquire the answer.
Are premium bonds worth getting?
I'd only go and get 100, what's the chances?Answers: Depends how you look at it, lb100 on the lottery will impart you 100 chances to win big time, and you lose your money. 100 bonds dispense you the chance to win big time every month, and you still hold your money that you can withdraw at any time. The simply down side to bonds is that you get no interest.
I own lb30,000 worth and win on average, around lb100 per month, which is what I would get within interest at 4%, so I am keeping up with inflation and hold a chance of successful big time. Go for it!
Edit;
thesluglondon; That's what I call luck, okay done !
My mum used to have them.
They're pretty awesome to be honest.
Well worth it.
She won close to two hundred pounds in one month.
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the advantages are your money's sheltered and whatever you win is rates free. It's also more exciting than just earn 5% interest or whatever, and there's other the chance of a big win!
My mum invests contained by premium bonds rather than putting her money within the bank, and she's truly had reasonably a few small wins. It's adjectives down to luck though really.
i have lb1000 and ive one and only won once got lb100 not bleak thou a chance you pinch
very slim - family with money buy lb30,000 (max holding per person) but after again, if you look the results up on teletext, you will see that people next to a minimum of holdings (lb100) have won in the past - which I think is nice - why should money other go to money.
Well, you will hold 100 chances of champion a prize each and every month you save them.
Definately!! In 1987 "Black Monday" was cause because people be heavily invested in low level bonds. I think presently it is even more so, with China virtually owning the U. S.
God Bless You
As a well-mannered return on your money the answer by all experts is dont bother, but it is my concept of gambling - i.e. my number did or didn't come up this time but my 'bet' get another chance subsequent month and if I want my money back I can enjoy it. so every month I get a destiny to win one of 2 x lb1,000,000 - most I have have is lb1000 but had it reinvested and that have won lb50 a few of times. If you put money on the national lottery etc why not put it on Premium bonds?
AND YES SOMEONE WITH ONLY lb10 OF BONDS HAS WON THE MILLION.
If you don't need the lb100, or doesn`t matter what it costs to buy them these days, and you can live your energy just as capably without it, later buy them. It's worth a try, especially if you have more money surrounded by a savings sketch, or other investment that will keep your lattice worth growing.
yes they are worth it. I bought my daughter lb100 pounds worth and they returned over lb4,500 in seven years which is upright rate of interest. Good luck !
No, average return on them is around 2.5%
Your money will most likely basically sit there earn no interest, depreciating in tangible terms due to inflation.
I would invest/save elsewhere.
How do stocks work.?
Like how do you go almost getting them and all that stuff? I’m one and only 17 so I don't think I could even buy any. But I’m a short time ago wondering for future citation and stuff.Answers: Great question!
I notably recommend the "MOTLEY FOOL" website <www.fool.com] which is dedicated to helping school people in the order of the general functioning of the stock marketplace AND provides individual stock and sector (industrial, financials, utilities, etc,) analysis for active investors.
ALSO, somewhere you live, there are brokerage houses next to local offices. While they're ultimaztely interested contained by generating profits, a ample part of their business is providing background and advice.
At 17 you'll be spared adjectives the advice and pressure to buy and will grasp LOTS OF ASSISTANCE in study how the market functions.
After you've done this a moment or two while, post some of your questions here.
Best of luck!!
Well stock open market is a wonderful business if you have ample experience to do it by your self, but in the formation you can deal near a trusted trade companies who will invest for you and you can following them day by light of day on line, you can swot when they are buying and when they are selling ... lear & learn until u become sure that u can do it alon.
Then goo a herald good luck
You can buy them(put an dult on your brokerage commentary, and a lawyer can account you as the owner in a trust) I've owned stocks since I be a toddler, Basically stocks are a piece of a corporation (in the form of a share) Okay this old rule have been true forever "it take money to make money" So You hold a great idea for a "fuel cell car" Just as an example. However it will of late remain on paper in need the "Capital" or money to build a factory to mass produce it, then you have need of billions to Advertise it etc etc. So you sell shares or pieces of your "Joe Q citizen" company To bring back the necessary $$$ to build your impression
(it took me decades to figure out) so I suggest you read every book within your library before you risk a penny!
Best of luck and God Bless You
I'll do my best to answer your Q surrounded by the same demand you asked them.
1] Your general Q: How do stocks work? I hope this will be answered within my response to your other Qs.
2] Like how do you go just about getting them and all that stuff? Stocks are small pieces [shares] of publicly traded corporations.
You shift about getting them by first night a trading acount through a full service stock broker or an on-line broker.
One of the most important parts of buying [or selling] stocks is to do your research nearly the company. Don't listen to "tips". Its best to develop your own trading rules and do your own research.
When a company or person give a "tip", the great majority of the time its for their own benefit. They are doing their best to "hype" the stock or company.
When your research doesn't prove to be true, according to your rules, you don't buy the stock.
You can usually find excellent, easy-to-understand definitions of frequent financial and investment terms by going to this free site, conventional by Y! A as a "Featured Knowledge Partner":
http://investopedia.com
Investopedia also has a free, weekly trading platform. You can set up a virtual account and almost trade as though you be trading with your own hard-earned money.
http://finance.yahoo.com is also celebrated by Y! A as a "Featured Knowledge Partner"
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is to say my real end name!