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What else can I help you with?
How can I calculate the monthly percentage rate for a loan or investment?
To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.
What is the quarterly interest rate if the annual percentage rate is 7 with monthly compounding?
The quarterly interest rate with monthly compounding for an annual percentage rate of 7 is approximately 1.75.
Can you reduce monthly mortgage by reducing percentage going to principal?
Yes, but your lender has to agree to it.
Can you explain what the coupon rate is on CDs?
The coupon rate on CDs is the fixed interest rate that the issuer pays to the investor. It is expressed as a percentage of the CD's face value and is paid out regularly, typically on a monthly or quarterly basis.
What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
How can I calculate the monthly percentage rate for a loan or investment?
To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.
What do you call a franchise owner share of earnings that give as a payment to a parent company?
The share of earnings that a franchise owner pays to the parent company is called a "royalty fee." This fee is typically a percentage of the franchisee's gross sales and is paid regularly, often monthly, as part of the franchise agreement. Additionally, franchisees may also pay other fees, such as marketing or advertising contributions, to support the brand.
How do apricot lane calculate their periodic royalties and when do they pay them?
Apricot Lane typically calculates their periodic royalties based on a percentage of the franchisee's gross sales, as outlined in their franchise agreement. Royalties are usually calculated monthly and are due on a specific date each month. Payment is often made through electronic transfer or other designated methods. Franchisees may also receive guidance on reporting sales to ensure accurate royalty calculations.
What is a word for a monthly fee on borrowed money?
A word for a monthly fee on borrowed money is "interest." Interest is the cost of borrowing, typically expressed as a percentage of the principal amount, which borrowers pay to lenders as compensation for the use of their funds.
What is the quarterly interest rate if the annual percentage rate is 7 with monthly compounding?
The quarterly interest rate with monthly compounding for an annual percentage rate of 7 is approximately 1.75.
What is the percentage of teens who use marijuana on a monthly basis?
7.5
How are the periodic royalties calculated and when are they paid for Taco Bell?
Periodic royalties for Taco Bell are typically calculated as a percentage of the franchisee's gross sales, which can vary depending on the specific franchise agreement. These royalties are generally paid on a monthly basis, with payments due shortly after the end of each month. Franchisees are required to report their sales figures to Taco Bell to ensure accurate royalty calculations. Additional fees, such as marketing contributions, may also be included in the overall financial obligations.
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities?
Divide the utility expense by the monthly budget. Multiply the result by 100.
Can you reduce monthly mortgage by reducing percentage going to principal?
Yes, but your lender has to agree to it.
Can you explain what the coupon rate is on CDs?
The coupon rate on CDs is the fixed interest rate that the issuer pays to the investor. It is expressed as a percentage of the CD's face value and is paid out regularly, typically on a monthly or quarterly basis.
What percentage of gross monthly income should a general manager make?
A general manager typically earns between 5% to 10% of a company's gross monthly income, depending on the industry, company size, and location. This percentage can vary significantly based on factors such as the company's profitability, the manager's experience, and the specific responsibilities of the role. Ultimately, compensation should align with industry standards and the value the manager brings to the organization.
What percentage of a person's income can be taken for restitution payments?
It is usually calculated on a percentage basis. A total of all your monthly obligations and your income and available assets.
