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Yes, if it's only compounded once per year.
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∙ 14y ago
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How do you calculate the apr on an adjustable mortgage?
You must read the loan contract carefully and find out what index is being used, the 1-year Treasury rate is a common one. You will be paying your rate based on how that index goes up and down over the course of your loan. There are many types of ARMs out there too. Without charts and graphs it is difficult to explain the math but more important than APR is EAR (effective annual rate). APR is pretty much the rate per compounding cycle. Most home loans are set up this way. If you have an interest rate of 13% APR compounded monthly the EAR is closer to 13.81%. The formula is ((1+.129949/12)^12)-1 The 12s in the equation represent the monthly compounding cycle. The ARM will be a 3/1, 5/1, 7/1, or 10/1. * the first number tells you how long the fixed interest-rate period will be * the second number tells you how often the rate will adjust after the initial period. Other Types based on 30 year loans will be 2/28, 3/27, 5/15, ect... 15 year loans 1/14, 2/13, ect.... * the first number tells you how many years the fixed interest-rate period will be * the second number tells you the number of years the rates on the loan will be adjustable These loans usually are adjusted every 6 months. Basically all you need to know is you will be getting a pretty good deal for the first period of the loan and screwed blue in the the second period. Take a look at http://www.federalreserve.gov/pubs/arms/arms_english.htm#types
What is an overwhelming sound?
An overwhelming sound is a sound that is too loud or piercing for the average hearing of an ear.
How can a 13 year old earn 500 dollars?
A 13 year old can ear $500 by babysitting,cleaning,and yard work. Those are just some simple ways for a 13 year old to earn money:)
Advantages and disadvantages of certificate of deposit?
The term of deposit can vary from one month to five years. While investing, it is always good to know the pros and cons of the investment option.Advantages Of CDS As An Investment InstrumentCDs typically offer a higher rate of interest than Treasury bills and savings account due to the higher risk associated with them.As the rate of interest is fixed, your return on investment is ensured despite the rate fluctuations in the market.CDs are insured by Federal Deposit Insurance Corporation and hence are a good investment option for single income households and retired folks. CDs are a risk-free investment.The return on CDs is assured and helps in financial planning.It's very easy to set up a CD. One needs to just walk to their local bank and request for purchase of CD. Money from the existing savings account will be ear-marked against the CD that has been purchased. The only thing to be made sure that the bank is FDIC ensured.CDs can be purchased and sold through a brokerage firm. This way you can encash the CD before the maturity term without paying the penalty.Disadvantages Of CD As A Money Market InstrumentMoney is tied down for long durations of time. Though the investor can withdraw money, he has to generally incur penalty in terms of some amount of loss of interest on the deposit amount. You can get a waiver on the penalty in case of special circumstances like disability, death or retirement.As the rate of interest is fixed, it is difficult to change or to take advantage of the market situation when the market rates are favorable. You will not be able to get an interest rate that favors inflation.Though the return rate is higher on CDs than savings account, it is much lower than other money market instruments where you can make possible investments.According to the federal regulations, FDIC will insure CDs up to the maximum amount of $100,000 in a single financial institution. So if you want to invest more than &100,000 you will have to invest in separate CDs in different banks!
J Holiday's number?
PLEASE!!!!!!!! If he wanted his number out he would have gave it out. Everyone loves J.holiday and he doesn't want CRAZY people screaming in his ear. So if you really need it try going to his website I guess. I hope I helped, PEACE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Where do you clip on a heart rate monitor for a treadmill?
ear
Which element of swing music remains a mystery to the musicians quoted in the article?
an accurate description of music played during the big band ear
Which structures are important in maintaining equal atmospheric pressure within the middle ear?
The eustacean tubes are what allow your middle ear to equalize to atmospheric pressure. They connect your ear to your throat.
What maintains equal pressure on both sides of the ear drum?
Eustachian tubes
What do the Eustacian tubes do?
The Eustacian tubes allow the pressure on inside the ear and out to remain equal.
How do you clean ear wax?
Ask your doctor or pharmacist about Debrox, an over the counter product for removing ear wax. Buy the store brand equivalent for equal effectiveness at a lower cost.
Why you have two ear?
to allow equal sound from each side...it would be weird to hear from one side
Which structures of the ear are important in maintaining equal pressure within the middle ear?
Middle ear: amplify & transmit sound vibrations from tympanic membrane to oval window. Inner ear: to covert the sound vibrations into electrical energy and maintain equilibrium.
In which part of the ear does pressure need to be equalized when changing altitude or scuba diving?
The part of the ear that needs to be equalized during diving is called the Middle ear. The pressure in the outer ear will change with the pressure in the water you are diving through. Between the outer ear and the middle ear is the Tympanic Membrane, or "Eardrum", which will bend, when pressure in the outer ear and the middle ear isn't equal, causing umpleasantness or pain. This is countered by blowing air into the middle ear by what's called the Eustachian Tubes. By blowing extra air into the middle ear, the pressure inside the middle ear will increase, and since the Eardrum is the only flexible part of the middle ear, the increased pressure inside the middle ear, will cause the Eardrum to bend back to its original position. Hence, equalization...
How many cups equal a corn cob?
One ear of corn on the cob equals less than one cup of corn. There is approximately 3/4 of a cup of corn in one medium ear of corn.
How does ear wax removal lead to bradycardia?
it stimulates your vagal nerve which inhibits sympathetic responce to your heart, thus reducing the rate of contractions.
Bodypart that begins with letter e?
ear ear ear ear ear
