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What else can I help you with?
What is the different between TDR and STDR?
The difference between e-TDR and e-STDR is, In e-STDR the interest will be paid on maturity and also the minumum tenure is 180 days and the maximum tenure is 10 years. In e-TDR the interest will be paid at regular intervals based on customer choice. The minimum tenure for e-TDR is 7 days and max tenure is 10 years. For both e-TDR and e-STDR the minumum amount for deposit is Rs.1000/-
How can you find the best CD interest rate?
The website Bankrate was able to list the best CD interest rates. Metlife offers a 1.290% interest rate, E-Loan offers a 1.250% interest rate, and Aurora Bank offers a 1.200% interest rate to name a few.
What has the author E B Berman written?
E. B. Berman has written: 'The normative interest rate' -- subject(s): Interest rates, Investments
What is the interest rate on a nat west online savings account?
"NatWest offers an online only e-savings account that starts gaining interest with a minimum balance of one pound. The e-savings rates are as such: 1.00% AER (variable), 1.00% gross rate, and 0.80% net rate."
How do you compare Diminishing Interest to Float Interest?
You have confused between the terms. Simple interest and interest at flat rate is one and the same. The other type of interest is diminishing balance or reducing balance. These are interests associated with loans or finances sought. Well a simple rule of thumb is that usually simple interest rate is about half of rate on reducing balance. For e. g. if rate at reducing balance is 12% then simple interest for the same will be around or just more than 6%
Where can one find information on a low interest rate car loan?
If you are wanting to find the latest information on a car loan with a low interest rate, information can e found on the Bank of America official website.
What is difference between the annual percentage rate and the quoted rate?
The quoted reate is based on continuos compound interest. exp If quoted rate is 6%, then the annual rare is ....e^(0.06) = 1.06183 - 1 = = 6.183%
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
5 Assuming an interest rate of 11 percent what is the present value of 675 which is currently due in 6 months?
Use the Pert equation. How often is the interest calculated? If it is annually (which I would hope), the calculation is as follows: P = price = 675 e = constant (e on your calculator) R = rate = 0.11/year T = time = 0.5 years 675e^(0.11*6) = $713.16
What are the current interest rates at the First Direct bank?
Interest rates for various First Direct bank accounts are as follows:cash e-ISA: 2.75%e-Savings: 0.4%Regular Saver: 8.0%Fixed Rate Savings: 2.9%Everyday e-Saver: 0.25%Bonus Savings Account: 0.05-0.2% based on balance
One year interest rate in us and India are say 5 percent and 10 percent respectively and the spot rate of usd in India is rs 43then one year USD or INR future fair value is what?
answere is 45.20 how fv= s*e raise to (r-p)*t fv = future fair value s = spot rate e = expontatial value (e=2.71828) r = rate of term p = rate of base t = term period
How can one calculate continuous compound interest?
Continuous compound interest can be calculated using the formula A P e(rt), where A is the amount of money accumulated after a certain period of time, P is the principal amount (initial investment), e is the mathematical constant approximately equal to 2.71828, r is the annual interest rate, and t is the time the money is invested for in years.
