0
What else can I help you with?
Is the rate of return the same as the interest rate?
No, the rate of return is not always the same as the interest rate. The rate of return includes all gains and losses on an investment, while the interest rate is the cost of borrowing money or the return on an investment without considering other factors.
What is the meaning of 'An investment in knowledge always pays the best interest'?
It means that what you invest in obtaining a good education will mean that you are equipped to look after yourself and your family in your career because you will be able to get a good well paid job and know how to invest your money wisely.
What are some famous quotes by Franklin that politicians have used?
A countryman between two lawyers is like a fish between two cats. All would live long, but none would be old. An investment in knowledge always pays the best interest.
How much interest dose 700000.00 earn a month?
The interest earned on $700,000.00 in a month depends on the interest rate and the type of account or investment. For example, at a 2% annual interest rate, the monthly interest would be approximately $1,166.67. However, if the rate is higher or lower, the amount will vary accordingly. Always check the specific interest rate for the investment or account in question to calculate accurately.
What are some back to school quotes?
There are so many back to school quotes available. One by Albert Einstein is "Education is what remains after one has forgotten what one has learned in school." A great quote by Benjamin Franklin, is "An investment in knowledge always pays the best interest."
How much interest would i earn on 50 million?
The interest you would earn on $50 million depends on the interest rate and the type of account or investment. For example, at a 1% annual interest rate, you would earn $500,000 in a year. If the rate were 5%, you would earn $2.5 million annually. Always consider factors like compounding frequency and investment duration for a more accurate estimate.
How much interest will I earn on 100 million?
The interest you earn on 100 million depends on the interest rate and the type of account or investment you choose. For example, if you invest it in a savings account with an annual interest rate of 1%, you would earn 1 million in interest after one year. Conversely, if you invest in stocks or bonds, the returns can vary significantly based on market performance. Always consider the specific terms and conditions of your chosen investment.
How much interest can you make on 800000?
The amount of interest you can earn on $800,000 depends on the interest rate, the type of investment, and the duration. For example, if you invest in a savings account with an annual interest rate of 1%, you would earn $8,000 in interest over one year. In contrast, investing in stocks or bonds could yield higher returns, but they also come with greater risk. Always consider your investment goals and risk tolerance when assessing potential earnings.
How do banks earn?
If you mean earn money, a large revenue source is interest. Loans from a bank always have higher interest than any kind of an investment in the bank so they make money. Also, if it is an investment bank, it may buy shares in a company or even acquire businesses and make other investments.
What is the relationship between the annual percentage rate (APR) and the effective annual rate (EAR) in the formula for calculating interest on a loan or investment?
The annual percentage rate (APR) is the stated interest rate on a loan or investment, while the effective annual rate (EAR) takes into account compounding to show the true cost of borrowing or the actual return on an investment. The relationship between APR and EAR is that the EAR will always be higher than the APR when compounding is involved, as the EAR reflects the impact of compounding on the total interest paid or earned.
Are muni bonds a worthwhile investment?
muni bonds also called as municipal bonds are always a worthwhile investment to do. muni bonds are attractive to many investors because the interest income is exempt from federal income tax, and in many cases, state and local taxes as well. Municipal bonds can indeed be a worth while investment to many investors. They are very attractive because the interest income is exempt from federal income tax.
What is the average interest rate for investment property loans?
The average interest rate for investment property loans can vary depending on several factors such as the borrower's credit score, loan-to-value ratio, and the current market conditions. Generally, interest rates for investment property loans tend to be higher than those for primary residence loans, typically ranging from 4% to 6% or higher. It is important for investors to shop around and compare offers from different lenders to secure the most favorable terms for their investment property financing.
