how to calculate Recurring deposit interest ?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
Some common deposit services are direct deposit, bank by mail, night deposit, and remote deposit capture.
Difference between real and nominal cash flow is that nominal cash flows uses the inflation information as well for calculation of nominal cash flow of future while real cash flow don't use that information for calculation.
batch deposit
Yes. We take a nominal deposit when we sign a client up for a job. These funds are used to purchase the materials to start the job,
The 12 percent nominal interest means that your money will increase in value by 12% in a year's time in NOMINAL terms.However, the inflation rate of 13 percent says that the cost of goods will increase faster than the value of your deposit.Hence the REAL effect is that the value of your money will fall by 1 percent.
Nominal.
nominal
They are nominal.
Nominal
nominal
i had to pay Nominal fees. Nominal charges might apply on your purchase.
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
nominal
nominal account.
nominal