5 What interest rate is necessary to get 1000 in interest over 2 years on a 10000 investment?投资10000美元,那么利率为多少的时候,在两年里才可以得到1000美元的利息?a. 4%b. 5%c. 6%d. 7%e. 8% 相关知识点: 试题来源: 解析 b. 5% 根据题意,投资本金为10,000,期限2年,总利息为1,000。假...
Interest is funds paid regularly at a specific rate for the use of money borrowed from a financial institution or from a person. It may also be termed as money paid after delaying repayment of debt.Answer and Explanation: Interest generated from deposits and borrowed funds is called gross in...
(a) Interest on interest is a concept of compounding, where the interest is received on interest amount which is received earlier and thus the final...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts c...
With margin trading, this kind of interest is not only encouraged but also necessary. Keeping a close watch on your equity requires a daily review of the securities you’ve purchased on margin, the sector you’re investing in and the market at large. This can help you anticipate whether a...
Terms related to interest rate Base Rate:also called the bank rate. It is the annualized rate offered on overnight deposits by the central bank. Annual Percentage Rate (APR):used to help consumers compare goods and serviceswith different payment structures on a common basis. Also known as the...
Buying a home is exciting, but you should know what a good interest rate for a mortgage is. Learn more on interest rates for a mortgage here.
Compound Interest Rate Some lenders prefer thecompound interestmethod, which means that the borrower pays even more in interest. Compound interest, also calledinterest on interest, is applied both to the principal and also to the accumulated interest made during previous periods. The bank assumes tha...
Interest is a form of income that one earns in exchange for investing capital. As a taxpayer, you report interest income of $10 or more to the IRS and, in most circumstances, pay taxes on it. Whether the investment vehicle is a certificate of deposit (CD), a bond, mutual fund...
When I called to inquire about the property, I was informed that there was no electricity available in the area. What? No electricity? I almost denied the idea immediately. But what better way is there to go green?...
Talent gap.Compounding the problem of technical complexity, there is a significant shortage of professionals trained in AI and machine learning compared with the growing need for such skills. Thisgap between AI talent supply and demandmeans that, even though interest in AI applications is growing, ...