Retired persons often have much of their wealth placedin savings accounts and other interest-bearing investments and complain whenever interest rates are low.Do they have a valid complaint?

Q: A bank pays one percent interest on savings account four times a year. What is the actual annual…

A: Interest rate is charged by the lender for using its money.

Q: Jenny wishes to double her financial fund and the bank gives her 8% rate of interest annually, how…

A: Here, Jenny deposited its money in a financial funds at the annual interest rate of 8% and she wants…

Q: Define interest and explain how interest rates vary based on risk, maturity, loan size, and…

A: The interest rate is the return that an individual receives from the financial asset in the economy.…

Q: At 5.2 percent interest, how long does it take to double your money?

A: Let the present amount be P. P is compounded annually at the rate of 5.2% for n number of years

Q: How to find the effective interest rate of a bond

A: An effective interest rate of an investment is the real return on a the interest-paying investment…

Q: Greg wants to have $50 000 in five years. He has $20 000 today to invest. The bank is offering…

A: Interest rate per quarter (i) can be calculated as follows. ...

Q: What part of a savings investment should not be spent? O Interest Base amount All of the above O…

A: Spending is the process of buying goods, service and other things. For example, consumer would like…

Q: What is fractional ownership?

A: Ownership:The term ownership refers to the legal right or exclusive right over the commodity. For…

Q: hazel borrowed 100,000 and must repay a total of 130,000 exactly two years later. How much is the…

A: Using the formula to solve.

Q: could you show how to determine the bond's present value without a calculator?

A: When interest rate rises to 4%: Given, Face value= future value= $1,000 Yield to maturity= 4% Time=…

Q: Summarizes some of the interest formulas?

A: Simple interest = (P*R*T)/100 where, P : Principal amount            R : Rate of interest per annum…

Q: Explain Methods of Calculating Interest?

A: Answer -  Interest = It is the extra amount of money a lender which charge to a borrowers.  there…

Q: Explain time and interest rate effect on future value?

A: Interest rate: It is the rate of earning in a specific time period on the investment.

Q: What are the different types of investmen

A: Investment is the new expenditure on physical assets such as machines, buildings, tools and…

Q: How to analyze the rate of interest?

A: The interest rate is the percentage of the amount paid by the borrower to the lender in a given…

Q: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

Q: Compare and contrast the various real estate investment strategies. Which would you choose as a new…

A: In order to optimise profits on their investments in the real estate market, real estate investors…

Q: Write the formula of Effective interest?

A:

Q: Fred takes out a loan for $1300 at an interest rate of 5% for a period of 5 years.  Calculate the…

A: Interest, in the context of finance and economics, refers to the cost of borrowing money or the…

Q: Explain what is Principal Plus Interest?

A: Principal plus interest is that amount which is paid by the borrower to the lender after the agreed…

Q: Write the Summary of Compound-Interest Formulas?

A: Answer - Compound-Interest Formula - Compound interest formula helps to calculate the total return…

Q: lation affect the money interest rate? The nominal interest rate is determined by the forces of…

A: A channel for facilitating interactions between those who need money and people who save money is…

Q: How is an Effective Interest Rate calculated?

A: The effective rate of interest is an important concept in economics.  The effective rate of interest…

Q: Alex invested a certain amount to a business and promised to pay him back with 1.8 times his…

A: The amount invested become the 1.8times of original investment in 9 years. in which we need to find…

Q: What does the interest rate measure?

A: Market interest rate refers to the interest rate that the lenders expect or demands from the…