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How do you calculate cost of deposit of banks?
cost of deposits= Interest paid on Deposits/Total deposits
Lee put $5,000 into a stock market index mutual fund that grew at an average of 6.5% per year for 10 years.Without any added deposits or withdrawals, about how much is in Lee’s mutual fund account after only 8 years, if you ignore compounding?
Ignoring compounding the annual increase is 5000 * 0.065 = 325 So he gains $325 per year for eight years which is 325 * = 2600 2600 + 5000 = $7600 in total. We could have skipped some steps by doing 5000 * (1+(8*0.065)), essentially multiplying the starting number by the final percentage increase.
What is core deposit ratio?
The core deposit ratio most likely relates to a metric used when analyzing and examining banks. It is core deposits / total deposits. Core deposits, as defined by the FDIC, are "the sum of demand deposits, all NOW and ATS accounts, MMDAs, other savings deposits and time deposits under $250,000, minus all brokered deposits under $250,000."
Is there a difference between time deposits and term deposits?
Tim deposits is usually a term they use in Europe and the US. <a href="http://en.wikipedia.org/wiki/Term_deposit">Time Deposit article from Wikipedia</a> Term deposits is what they call them in Australia and New Zealand. <a href="http://mozo.com.au/term-deposits">Term Deposits</a> in Australia.
What do the bank do with the deposite which they accept from the public?
(A) Long term deposits (B) Short term deposits (C) Only Call deposits (D) Medium term deposits (E) All of the above
Do term deposits use compound interest?
It Depends. Some banks compound the interest on term deposits while some do not. The best place to find that out is in the application/opening form for the term deposit that you fill in when you open your term deposit. You can even ask the customer care representative who is helping you open the term deposit about the compounding.
Thick deposits of wind blown fine grained sediments?
These are likely loess deposits, formed from the accumulation of fine particles like silt and clay that have been carried by the wind from a distant source and then deposited over a wide area. Loess deposits are typically thick, homogeneous, and can be found in locations with strong prevailing winds and limited vegetation cover.
How much is mined from the Thar desert?
The Thar Desert is primarily known for mining gypsum, lignite, and phosphate deposits. The exact amount mined varies annually based on demand and production levels.
Why continuous miner is used?
A continuous miner is used in underground mining to efficiently extract minerals like coal from deposits. It operates by cutting and gathering material in a single, continuous process, which reduces the need for drilling and blasting. This method enhances safety, minimizes labor costs, and increases productivity by allowing for a more streamlined operation. Continuous miners can also operate in environments where traditional mining techniques may be less effective.
Is coal continuous?
Coal is a non-renewable fossil fuel formed from the remains of plants that lived millions of years ago. It is considered continuous in the sense that it is a finite resource and is non-renewable on human timescales. Once coal deposits are mined and used, they cannot be replenished within a relevant timeframe.
What are the types of deposits available in Dubai?
Deposits in Dubai are almost similar to what you can avail in countries across Asia. Fixed deposits, call deposits, recurring deposits and flexible deposits are some of the common types of deposits available in Dubai.
900 in savings account that earns 4 percent interest after two years how much is in the account if no deposits or withdrawals have been made?
It depends on the compounding frequency of the rate of interest earned on your bank account. Some banks compound the interest yearly and some do it quarterly. If the interest is compounded every year you will have 973.44 at the end of 2 years.
What is the meaning for NRI deposits?
what is nri deposits
Are demand deposits and checkable deposits the same?
no
What is the definition of streak of rock?
rock streak is the powered form of a mineral.
What is a result of stream deposits?
deltas and placer deposits
Are the deposits found in the Midwest and Southwest?
Yes, deposits can be found in both regions. In the Midwest, there are deposits of minerals such as coal, iron ore, and limestone. In the Southwest, deposits include copper, uranium, and oil.
