How does dividen interest correlate with APR interest? - apr interest calculator
I want to invest $ 10,000 for a period of 7 years in a bank CD, which features a dual-rate of 3.54% at an annual rate of 3.60%, but I'm a little bit about how the layout confusing interests and interests together in April. The CD offers a daily bank interest / mo. Did he imagine, all linking numbers in the calculator is just the CD or sad? After the CD's say that the duration of the conference would be after 7 years, only 10.2800. I'm trying to decide whether an investment value of a CD. Please someone can be a calculation for me and explain it. Any help would be very grateful.
Monday, January 11, 2010
Apr Interest Calculator How Does Dividen Interest Correlate With APR Interest?
2 comments:
The dividend for day / cap monthly return on the annual growth rate of 3.6%. You can only annual fee, which is commonly known as annual percentage yield (TRA). Just multiply by 1036 to seven times 10,000 and received 12,809. If you're right, it is the amount you receive.
My suggestion is to put it in 7 years, but the compliance 1 CD for a year about 3%, as economists had predicted a rise in short-term interest rates. 7-year CD, which is relatively low at the beginning and at the output link will lead to sanctions. I suggest you look on the Internet at bankrate.com or similar websites, insured for more competitive performance on a CD by the FDIC.
Dividend yields are lower interest rates on deposits similar risk of debt, because the assets in the debt offering fewer opportunities for capital gain.
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