disc Daily Compounded Rate?
Question:
Investment Amount: $10,200.00
Issue Date: 12/01/2006
Maturity Date: 6/01/2007
Rate: 5.37%
APY: 5.50%
How much interest will I earn at the end of the residence?
Answer:
I explained at the following link why Koko is wrong.
You would bring $280.5, I explained how I got this answer contained by another question of yours.
disc Monthly Compounded Rate?
Question:
Investment Amount: $49,764.82
Issue Date: 10/20/2006
Maturity Date: 2/20/2007
Term: 4 months
Interest Rate: 5.60%
APY: 5.75%
How much will I earn at the end of the occupancy?
Answer:
You would get $953 at the fall of the term, I explained how I get this answer in another give somebody the third degree of yours.
Since I pointed out that Koko was wrong surrounded by his other answers (on daily compounding) -- I will point out that his method works for monthly compounding.
I would similar to to point out that CDs don't compound monthly, however.
Daily Compounded disc Rate?
Question:
Investment Amount: $4597.00
Issue Date: 10/07/2006
Maturity Date: 5/07/2007
Term: 7 months
Interest Rate: 6.767%
APY: 7.0%
How much will I earn at the end of the permanent status?
Answer:
I'm assuming that this is a homework problem -- because it doesn't match up near the real world.
First -- tolerate me give you the solution. Daily compounded CDs use an "Actual/360 Accrual Method." This mode that to get the day by day rate, you divide the yearly interest rate by 360 and consequently compound the actual number of days. Yes -- I agree it is stupid not to use 365, but it is what is done.
Using this method, the APR (or APY) is calculated as follows -- whgere R is the Interest Rate:
(1+R/360)^365-1 = 7.101%
It looks like the personality who said that the APR is equal to 7.0% divided by 365 instead of 360. This is not the right way to do it.
The formula for finding the interest is:
Interest = Amount * (1+R/360)^(# Periods)
Since the number of period is the number of days between 10/7 and 5/7 -- we have to count them. It is 212 days -- so the right amount at the finishing of the period is:
4597*(1+.06767/360)^212 = 4783.87
This finances you earned 186.87 surrounded by interest
If you make one and the same mistake of dividing by 365 instead of 360 to get the each day rate, then the answer is 184.26.
Note that Koko made a different mistake. He be right that you should be able to use the APR and use the fraction of the year that you are invested as the power. However, he assumed that since it be seven months, that the right fraction to use is 7/12. But remember we are compounding daily -- so the right fraction is 212/365.
It's in reality really easy, the APY is the tangible interest rate (already factored in the day after day compounding), so for one year, you would get $321.79, but for your occupancy which is 7 month, you would get $187.71
The correct algebraic method is as follows:
If the APY (annual percentage yield) is 7%, next after 212 days your sum becomes
4597 x 1.07^ (212/365) = $4781.25,
which manner an interest of $184.25
It seems I get the same answer as Taranto (within 1cent)without counting the year as 360 days.After you draw from paid, please consent to me know who was correct.
how can i find out the pro of a PhilippinesP159c-2Piso-(1978, does anyone know?
Question:
given to me as a gift within 1980, does this currency have any importance in the cohesive states
Answer:
The Philippine Piso currently has a convenience of $49.81 Pesos to $1.00 US Dollar. Basically meaning that it would embezzle $49.81 Philippine Pesos to equal $1.00 US Dollar.
So the current economic merit of the money that you have will not be too hefty. If it is a coin, and it say 2 centavos, then to be exact equal to 2 one hundredths of one Piso.
Alternatively, the coin could have some advantage as a collector's item, as the coin increases in age. But within order for the coin to increase contained by value, you must preserve it, and keep hold of it in well brought-up condition.
However, due to the volatile economic and political conditions surrounded by the Philippines, the coin may not increase in plus for quite awhile.
Hope this help!
-A.R. Fredrick
currecncy converter
either check the money converter or telephone call a coin dealer and they will insist on you. go to the book store and look up money they can serve you.
Do stockbrokers ever lend money?
Question:
Answer:
It is illegal for a stockbroker to lend money; however, his or her brokerage firm may allow clients to trade "on margin" at a selective rate of interest. Buying on margin is simply a brokerage firm lend you money; be advised that this is not done delicately, and you must have securities as collateral within your account. If you fall through to meet a outside edge call (that is, your investment is down surrounded by value and requires more money on your subdivision to meet the call), the firm can liquidate anything stocks it chooses to cover the call. Every outside edge account have everything detailed in writing... be sure to read guardedly... it's pretty much all fine print.
no
no. they don't share
sure. why not?
Yes,it would be call a margin rationalization.
U can buy stocks on margin, within a sence you borrow money with existing stock as collateral. Beware of a edge call..if it ever happen you'll know it
yes they do up to 50 percent of what you have within your account-it is caused edge - be careful you can loose moey twice as in haste if you are not careful
Of course! It's call an asset management story. Generally, it will allow you to buy on margin up to around 60 % of your total assets.
Make sure you understand and avoid the side-line call !
fringe
no they are not in the lend business. they are in the business of using other people's money.
It call buying on Margin.
What influences whether a bond is sold at a discount, frontage, or premium importance? Please bequeath an example of when y
Question:
What influences whether a bond is sold at a discount, face, or premium plus? Please give an example of when you would purchase respectively and why. Thanks!
Answer:
basically within are 4 factors that determine the meaning of a bond.
1. Its credit rating. If the credit rating changes downward the price of the bond will drop acordingly as Ford and GM bond holders discovered finishing year. Bonds that were selling just about about obverse value suddendly dropped to 75% of frontage.
2. Length of maturity. As a bond approches old age, its value also approches facade value.
3. Length of time to call upon. A bond with an unusually glorious coupon rate that is selling at a premium will drop towards par importance or the call merit as it approaches the call date.
4. Last but most importantly the coupon merit as it relates to current interest rates. A bond with a 6% coupon given that current interest rates are at in the region of 5% will sell at for a time less than $1200 depending on the dot to call or old age, a 20% premium. Conversely, a bond with a 4% coupon given that current nterest rates are at around 5% will sell at a moment or two more than $800 depending on time to nickname or maturity, a 20% discount.
The going souk rate.
If you have a bond beside a $100 face utility with an 8% coupon, and next the interest rates go up, so that you could buy a $100 obverse value bond near a 10% coupon, which would you prefer to have?
The 10% coupon obviously. So, in directive to sell your 8% coupon, you enjoy to discount the $100 face merit. Buy discounting it and making the person reward less for it, speak $90, they then will earn a rate of return equal to the 10% open market rate.
If rates dropped to 6%, then everyone would love to buy your 8% bond stale your hands. So, they will recompense you more, a premium, to buy your bond. By paying a premium, they will in effect truly earn an effective rate of 6%.
If the going flea market rate is 8% and your bond has a coupon of 8% consequently you could sell your bond for par efficacy.
Here is a good contact with some info if you want to read it.
http://news.morningstar.com/classroom2/p...
Hope that help :)
Is at hand stocks on dora the explorer and is it break open to the public, would love to know?
Question:
Answer:
Dora the Explorer, which is shown on Nickelodeon, is own by Viacom. Ticker symbol (VIA)
to what extent can the differences contained by the shareholder/stakeholder debate be observed contained by the UK?
Question:
Answer:
It can be observed to a high extent.
You know the total Stakeholder V Shareholder concept right? Long term vs Short possession.
Think of a well certain PLC and note down adjectives the things that these two groups think differently just about.for example - using retained profit to update the computer system Vs paying shareholders more money.
Legislation is made mostly for in skin of conflict by what standards mediation, arbitration, concilliation and judgement would have to be enact.
Outside of conflict the differences can be observed as much and intensily as the both parties are predisposed.
annuities versus funds or stocks?
Question:
Myself: I invest in a diversfied behaviour..
Ie; mostly funds, sone annuities (always high yeild), some stocks.
Mother:
My mom is almost totally cd's or annuities.
While I agree a portion should be annuity or bonds, I meditate doing 100% is stupid...
Any opinions.
My aim in this ask is that I want to get her bad my back contained by terms of 'why invest the track I am doing?'
To me the socalled safe agency is not cost effective contained by that I consistantly get 3-6 times surrounded by % rate over what she gets.
It appears that adjectives of this isnt enough, and I digit no amt of discussion is go shift it.
I relize fdic is not involved on annuities or cd's in adjectives cases.
Ie; just because its a guard doesnt mean the investment is covered by FDIC. (FDIC covers deposits not invesments).
Mother is 89 so I own no problem with her methods, but she have been doing annuity or cd' for 45 years.
Any planning? - figured I would throw this sound out out there.
Answer:
It really depends on your goal, financial situation and age. The older someone is (like your mom), the more conservative you want to be. However, for someone younger, you stipulation to plan to stay ahead of inflation in retirement and several fixed or indexed annuities will not allow you to do that if that is adjectives you have surrounded by your portfolio. Having a good mix is knob. Many financial planners suggest subtracting your age from 100 and then using that number to opt what percentage of your portfolio should be made up with stocks/mutual funds. Tell your mom that while she is probably fundamentally happy near the way she have invested, you have a different strategy for maximize growth and staying ahead of inflation.
One side note - within are some variable annuities that can achieve you the type of return you like. So, once again, it of late depends on what you choose. Hope this helps!
I own the same situation. My mom is 90 immediately and got cd's sold to her through a brokerage along next to annuities. They all suck, between loads and open market risk not there beside a straight bank cd. I'm assuming you own POA. If not you just own to convince her and should suggest the POA on general principle. You might consider EFT's one liquid and better yield than those annuities. Energy trust funds is another area but Canada basically changed their tax structure on theirs.
annuities traditionally take stiff expenses
you can get essentially indistinguishable return out of many bond funds and/or Growth & Income funds
...you remuneration heavily for the insurance aspect of an annuity.
mutual funds often mirror the bazaar. or a sector
it is ususally cheaper to buy an ETF that does the same item, since most ETFs have cheaper operating expenses...
I can realize her safe, support approach; however, there is vastly limited growth beside CDs and annuitites...they seldom pay more that a couple of points [at best] above inflation..
if you considered necessary to present a viable fiscal reason for her to diversify some of her holdings...I would show her the network gain after inflation...
Your mother is 89. Is she single? Are their any heirs that may collide over her money? At 89 she really should only own about 10% of her money surrounded by the stock market or mutual funds. She is not concerned something like building wealth, but preserving it. The more money she have in annuities (FIXED) the better if she is single. Annuities and Life Insurance avoid probate. I concordat strictly with seniors and their concern is that an attorney will kind a killing on the money they worked so strong for because it automatically goes through probate. She have been smart near the safety of her money. Leave it as is. You will be indebted when she passes away that she did the annuities I promise you. All of my clients' children have no idea why their parents did the annuities near me until I explain that they will each own a check 7 - 10 business days after their parent passed away. Good job mom, and you for checking up on her.
UK. House purchase?
Question:
My son lives in Oz. I live contained by England. I received a bad divorce settlement and presently ive in a poor/rough nouns. My son wants tobuy me a small flat within a better area. Would this be court? What are the disadvantages to him?
Answer:
He can buy it in your first name. Ive bought my Dads house in my mark, I just have to make sure it be clear that when the mortgage is paid he signs it over to me although he will verbs to live there. Also he have to stipulate in his will that the house is mine.
Of course it's lawful go for it girl receive out of that flea pit sty,
Good Luck
Why would it be illegal, unless your son is a criminal. Its between you two, who owns the right to the property or both
He can buy you what ever he like. It can be in his identify or yours. If it is in his pet name it will simplify matters when you die (SORRY) You can live rent free or compensate him rent, although he would then be liable to clear tax on the rent. You give somebody a lift up his generous present, he obviously desires you to live in the carriage you are used to. Good for him, you are a lucky lady have such a considerate son.
Hi >
No real problem, as far as I know..
Your son can purchase any UK property, and do one of a few things :
1 Lease it to you - purchase price.
2 Rent it to you at anything per month
3 Give it to you freehold or leasehold
No financial disadvatages, I can buy and rent out in Oz.for example, as a Brit.
Only things are - keep under surveillance out for UK inheritance tax.If you sign it over inwardly 7 years of perishing, "and we are all going" Your son will accumulate a bundle.
Oh the difficulties of it all. I know. A parents' home - what to do ?
Consult someone more proffesional than I.
A narrowboat is other an interesting option
All the best,
Bob the boat
I dont know but you hold got a nice son looking out for his Ma.
I off-shore bank..which one is get a apposite intrest rate?
Question:
I want to invest in an rotten shore bank..which one would income the best intrest rate
Answer:
Check out these folks
What is a principle point contained by the context of bonds and stocks?
Question:
I often read within the financial pages that an index go up or down by so many idea points? What does it really mean?
Answer:
100 spring points equals 1 percent.. So if the Federal Reserve says they raise the interest rate by 25 basis points that vehicle 1/4 of one percent.
P/E Ratio?
Question:
Can anyone explain the p/e ratio to me and how it works when deciding to buy a stock.
Answer:
Basically it is calculated by dividing the Share Price by the Earnings per share (e.g., Company X earn $2 per share and has a souk price of $16, it's PE ratio is 8).
The PE ratio is used to compare the relative value of stocks and is a more adjectives measure than marketplace price alone. A $10 stock with a P/E of 75 is much more "expensive" than a $100 stock near a P/E of 20
If a company has a greater than average PE ratio, that means that the flea market is expecting good income results in the adjectives.
To know what a "good" P/E ratio is, you have to consider two things:
1) How promptly is the company growing? Something isn't right if a company has simply grown at 5% in days gone by and still has a stratospheric P/E. If projected growth rates don't prove the P/E, then a stock might be overpriced.
2) What is the average PE for the industry? Utility stocks for example own low P/E ratios because they are revenue stable. While technology stocks hold faster growth and usually command higher P/E ratio.
A low P/E ratio does not necessarily mean that a company is undervalue. Rather, it could mean that the bazaar believes the company is headed for trouble contained by the near adjectives.
Remember, there are lots things to consider when selecting a stock. While the P/E is one division of the puzzle, it's definitely not a crystal orb.
Price to earnings ratio. How much will you rate for a stock for each dollar the company earn? Compare the current stock's ratio with its historic norm, the ratio of its peers, and the market as a intact. Historically, the average for the S&P 500 is around 15. Back in the behind schedule 90's, until March 2000, many empire looked at the price growth of tech stocks and said "earning don't situation, this time its different." It doesn't matter if the ratio is 400+ when it averaged 15 within times past. Then surrounded by March 2000, the bubble burst and they soon found out, "This time it was NOT different, price to profits still mattered."
p/e ratio have many applications but specifically for a company the p/e sets the shareholder's predictions contained by the future earn potential of a company (not the present)
Looking at earnings is considered a "fundamental" approach to stock inspection, and tne price/earnings ratio gives you a route to compare earnings of stocks selling at different prices.
It is effectively the inverse of "return on investment" ... a P/E ratio of 25 represents a 4% return on investment for the company, base on its stock price.
Stocks with hgh P/E ratio (relative to the general market) are collectively considered expensive, but there's usually a reason for that, such as some plea to believe that the earnings are going to increase at above-average rates. They can also indicate that a company have a bad profits year.
Stocks with low P/E ratio are "cheap" but again, this is usually for a reason, such as an expectation that the current proceeds level cannot be maintain.
Traditionally, the P/E ratio is based on retrograde earnings, but stock services will try to predict the yield to give you a forward-looking P/E ratio. Of course, if you can accurately predict adjectives earnings, it shouldn't be too unyielding to make your first million.
If adjectives else were equal, you would choose the lower P/E ratio of two stocks. But adjectives else is never equal. You really need to determine how solid thse returns are before relying on the P/E for stock test.
Is dorling kindersley is nominated company on bombay stock exchange or not?
Question:
Answer:
No, the company is not listed contained by BSE.
What will the LME for Lead for the forthcoming month ?
Question:
LME for lead contained by the coming months in 2007
Answer:
Gold
Are you asking what the prices of head will be on the London Metals Exchange in the coming months? Please clarify.