Describe the calculation of interest term. An as a customer, list some ways you believe you can benefit from the calculation of interest.
Interest, in finance and economics, is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate.[1] It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs.[2][3]
For example, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower.
Interest differs from profit, in that interest is received by a lender, whereas profit is received by the owner of an asset, investment or enterprise. (Interest may be part or the whole of the profit on an investment, but the two concepts are distinct from each other from an accounting perspective.)
The rate of interest is equal to the interest amount paid or received over a particular period divided by the principal sum borrowed or lent (usually expressed as a percentage).
Compound interest means that interest is earned on prior interest in addition to the principal. Due to compounding, the total amount of debt grows exponentially, and its mathematical study led to the discovery of the number e.[4] In practice, interest is most often calculated on a daily, monthly, or yearly basis, and its impact is influenced greatly by its compounding rate.
Describe the calculation of interest term. An as a customer, list some ways you believe you...
We learned about the calculation of interest in this class. As a consumer list several ways in which you believe that this calculation will help you.
Many people believe that a high interest rate is bad for the economy. Of course, all else equal, a higher interest rate means grater borrowing costs for firms. But a high interest rate is also helpful to some people in the economy. What group of people benefits from a higher interest rate? Explain how they benefit. A high interest rate can also indicate that something positive is happening in the economy. Describe how positive factors can lead to an increase...
Some investors believe that once you have selected a long-term investment, you should check on it only periodically and resist making changes. Others believe that it is important to check your account balances almost daily. These investors frequently move their balances from one fund to another as they constantly look for choices that pay higher returns. With which view do you agree? Why?
Monitoring risks is an important element in project management. Describe some ways in which you can monitor risks in practice. What tools might you use?
1. Describe some ways you might lose your power. How can you safeguard against this? 2. How can you guard against becoming arrogant or self-centered?
Many people believe that high interest rates are bad for the economy. It is not widely known that some benefit from higher interest rates. Who benefits when rates go up? Why can higher interest rates indicate the something positive is happening in the economy? Please use examples to support your posting.
What qualities or attributes do you believe are necessary for a nurse to have? Describe some of your experiences that would demonstrate these traits in you
Proficient-level: Define the concept, term structure of interest rates. List and describe the three theories explaining the shape of the term structure of interest rates. Distinguished-level: Identify the slope of the most common yield curve for a U.S. Treasury security.
Q1: In your own words, describe what you believe to be the differences between a standing wave in a string and a sound wave. Q2: In your own words, describe what you believe to be the similarities between a standing wave in a string and a sound wave. Q3: If a sound wave travels down a tube with a closed end (like a bottle) what happens to the wave when it gets to the closed end? 04: Why do you...
1. List some ways that you see religion having social control in the everyday world. 2. What are some sacred items that you're familiar with? Are there some objects, such as cups, candles, or clothing, that would be considered profane in normal settings but are considered sacred in special circumstances or when used in specific ways? 3 . Consider a religion that you are familiar with, and discuss some of its beliefs, behaviors, and norms. Discuss how these meet social...