When are income taxes applied to the interest earned by business owned annuities
When are income taxes applied to the interest earned by business owned annuities
Yes, most savings accounts pay interest.
That depends on the rate of interest to be applied.
Interest expenses are allocated between measurements periods since most interest charges are applied to the accounts on quarterly basis. Although most interest is measured on annual basis, the charges are applied quarterly.
Yes it can. Usually in the judgment itself it will state the interest rate wich applies.
APR simply reflects the annual interest rate that is paid on an investment, but doesnÕt take into effect how interest is applied. APY takes into account how often the interest is applied to the balance, which can vary daily to annually.
Interest
There is not enough information in the question ! It depends entirely on what the interest rate is - and the length of time the interest is applied !
I applied to university to study insectology as I have a keen interest in insects.
You need to specify which subject(s) you have applied for, and which others would interest you.
it works out at roughly 11.71% - although that is if interest is only applied annually, I reckon this is probably not the case though, in which case the effective interest rate would be lower.