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The number of times interest charges are earned is computed as?
Wiki User
∙ 11y ago
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income before income tax plus interest expense, divided by interest expense
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∙ 11y ago
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What exactly is a mastercard apr?
All credit cards are required to state the amount of interest charged in an annual percentage rate, or APR. Mastercard presents the interest it charges on financed balances in a APR number.
How much interest wll be earned if 20000 is deposited in a bank at 8.5 percent per annum?
The formula to calculate interest is (p * n * r)/100 where P - Principal amount deposit - Rs. 20,000/- N - Number of years - 1 year R - Rate of interest - 8.5% So interest = Rs. 1,700/- per year.
Withholding tax rates on interest payment?
When you dont give bank etc. your tax file number they end up withholding tax of about 45%, but dont worry you can claim back the correct amount at the end of the year on your income tax return - you just have to write down the amount of interest you earned under the section that states "tax withheld."
Daily interest rate on annual rate of 17.7 percent?
If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.
What are the differences between a debit card and a credit card?
The difference between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number. A credit card company lends the person money and charges interest.
How do you compute number of times preferred dividends are earned?
The number of times preferred dividends are earned is computed by dividing the total number of payouts by the term. Most are paid out quarterly but vary based on the market conditions.
What is the formula for Present Value Interest Factor?
Present Value Interest Factor, abbreviated as PVIF and is used to simplify present value computations, may be computed as follows: PVIF = 1 / ( ( 1 + r) ^ t) where... r = interest discount rate t = number of periods
The arithmetic mean is computed by?
summing the values and dividing by the number of values
What exactly is a mastercard apr?
All credit cards are required to state the amount of interest charged in an annual percentage rate, or APR. Mastercard presents the interest it charges on financed balances in a APR number.
How is the Dow Jones industrial average computed?
It is calculated or computed by adding closed prices of stocks and then dividing by the number of stocks on the Dow Jones so that would be 30.
How much interest is earned on R9 000 invested for five years at 8 percent per annum and compounded annually?
For compound interest F = P*(1 + i)^n. Where P is the Present Value, i is the interest rate per compounding period, and n is the number of periods, and F is the Future Value.F = (9000)*(1 + .08)^5 = 13223.95 and the amount of interest earned is 13223.95 - 9000 = 4223.95
12 percent of what number makes 1640?
an investmntment of 4000 is made at an annual simple interest rate of 8%. How much additional money must be invested at 12% so that the total interest earned is 1640?
How much interest is earned by investing 2100 for three years at 4.5 percent compounded monthly?
The formula to calculate the present amount including compound interest is A = P(1 + r/n)nt , where P is the principal amount, r is the annual rate expressed as a decimal , t is the number of years, and n is number of times per year that interest is compounded. Then A = 2100(1 + 0.045/12)(12 x 3) = 2100 x 1.0037536 = 2402.92 The amount of interest earned = 2402.92 - 2100 = 302.92
What is earning interest on interest?
Compound interest. This is where you work out the interest on a number, then work out the interest on top of the number with the interest added.
What is a good method for estimating the value of an account after accumulating interest for a given number of years?
An interest calculator will help to estimate the amount of interest earned and the overall value of an account. These can be found free online at Bank Rate, Money, Cool Math and Worth Watch.
What is the meaning of an 'era'?
An era stands for earned run average, it is the average amount of runs given up over a nine inning period. This is computed by taking the number of runs given up multiplied 9 then divided by the number of innings pitched. that number by. So for example 10 runs over 42 innings is an era of 2.14
Atoms have higher number of positive charges than negative charges?
the positive number of a atom
