Personal Finance Questions and Answers

I paid $19.85 for Yahoo Mail Plus...I have not recieved any correspondence as to what i gained?




Answers: You should have got a welcome email outlining everything. Basically you get to forward email to a diff addy, pop access and no advertisements on the bottom of your outgoing email. There are a few other things to but none important enough that i remember.

How much interest would I brand name past its sell-by date this money?

How do I calculate the interest I would label on an amount of money that is decreasing every month?

Lets voice I start with $10,000 and I hold to pay $500 every month from that pot of money and I'm making 5% interest on that gone over money, then how do I figure the amount of interest I would make bad it?


Answers: Based on the givens, the money will run out in 19 months. Given the short duration, I created a ledger contained by Excel to calculate your approximate interest, which totals over $390 over the 19 months.

The exact interest amount earn depends on whether interest is accrued day after day or monthly. The difference in your grip is minimal, so I used the simpler monthly method, interest = rate/period.

So for a given month: interest = (.05/12) * principal.

Every month you subtract $500 from the principal, and use the interest muliplier above.

Will the banks be open today?




Answers: Yes, President's Day is celebrated on February 18th this year and is a holiday (in the US).

good luck!
yes it is not a bankers holiday!

The entirety of this site is protected by copyright © 2008. All rights reserved. RunEye.com