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What else can I help you with?
How do you count annual Mortgage?
Annual? Most people would make monthly mortgage payments. If your want to know what the total payments would be annually, just multiply by 12.
When finding the APR why is the total of payments and the annual interest rate multiplied by 2?
It is not - or at least, it should not be.
If your starting salary is 40000 and you receive a 3 increase at the end of every year what is the total amount in dollars you will earn over the first 16 years that you work?
$806275
If your annual mortgage payments total 13986.00 how much of a mortgage can you get?
Based on a 30 year mortgage with a 4.5% interest rate, you could afford a house that was worth $230,025
What is the total amount of money spent by Amazon in their yearly spending report?
Amazon's total annual spending report shows that they spent a significant amount of money, totaling in the billions of dollars.
What is does total annual bonus mean?
total annual bonus for the job position
What is Syracuse's Basketball Coach Jim Boeheim's annual salary and incentives What is the total value of his current contract?
over 1 million dollars. go orange
What is The difference between total payments and total charges to an account is called?
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
What is the total amount of monthly credit card payments?
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.
What is a series of equal annual cash flows considered?
A series of equal annual cash flows is considered an annuity. An annuity represents a sequence of payments or receipts that occur at regular intervals over a specified period. Common examples include retirement payouts, loan repayments, and lease payments. The total value of an annuity can be calculated using various financial formulas, taking into account the interest rate and duration.
How do you calculate total amount of installment?
You need to start with total amount owed, total monthly payments, and annual interest.FORMULA:Payment = (Loan amount x Interest) ÷ (Payments per Year x (1 - (1 + (Interest) ÷ Payments per Year)) raised to the power of negative Payments per Year x Length of Loan)))Or, you could just use Excel and use the PMT function:PMT(interest_rate,number_payments,PV,FV,Type)interest_rate = interest rate for the loannumber_payments = number of payments for the loanPV = present value or principal of the loanFV (optional) = future value or the loan amount outstanding after all payments have been made. If this parameter is omitted, the PMT function assumes a FV value of 0.Type (optional) = when the payments are due. Type can be one of the following values:- 0 = payments due at end of period (default)- 1 = payments due at beginning of period
If an insured changes his payment from monthly to annually what happens to the total premium?
When an insured changes their payment frequency from monthly to annually, the total premium typically decreases. Insurance companies often offer a discount for annual payments because it reduces administrative costs and the risk of missed payments. Consequently, the insured may pay a lower overall amount compared to making monthly payments. It's advisable to check the specific terms with the insurance provider, as the discount can vary.
