answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Have a vested interest
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Math & Arithmetic

Harry has 4000 invested in two savings accounts One account earns 6 percent interest per year and the other pays 7 percent per year If his total interest for the year is 264 how muchs vested 7?

$2400


If you have lived with someone for 8 years but everything is in their name do you have any rights in Delaware?

Unless you have an agreement of ownership of items between the two of you, there are no particular rights, like you would have in marriage. If you have paid the mortgage and have checks on your personal account to prove it, then you have some vested interest in the house and could receive some money in return for that. Paying utilities or for food doesn't really count. (check with a lawyer) Unless you have an agreement of ownership of items between the two of you, there are no particular rights, like you would have in marriage. If you have paid the mortgage and have checks on your personal account to prove it, then you have some vested interest in the house and could receive some money in return for that. Paying utilities or for food doesn't really count. (check with a lawyer)


Would the statement 'Simple Interest is interest earned on interest' be True or False?

False. Interest upon interest is compounded interest


Is 20 percent interest per month legal in the Philippines?

With the suspension of the Usury Law and the removal of interest ceilings, the parties are generally free to stipulate the interest rates to be imposed on monetary obligations. As a rule, the interest rate agreed by the creditor and the debtor is binding upon them. Stipulated interest rates are illegal if they are unconscionable and the Court is allowed to temper interest rates when necessary. In exercising this vested power to determine what is iniquitous and unconscionable, the Court must consider the circumstances of each case. What may be iniquitous and unconscionable in one case, may be just in another. This rule, however, is not absolute. There are plenty of cases when the SC equitably reduced the stipulated interest rates; for instance, from 18% to 10% per annum. The SC also voided the stipulated interest of 5.5% per month (or 66% per annum), for being excessive, iniquitous, unconscionable and exorbitant, hence, contrary to morals ("contra bonos mores"), if not against the law. The same is true with cases involving 36% per annum, 6% per month (or 72% per annum), and 10% and 8% per month. In these instances, the SC imposed the legal interest of 12% per annum.


What is a simple interest in math?

Simple interest is interest that is calculated only on the amount of unpaid principal on a loan. Such interest is not added to the value of the loan but is tracked separately. Compound interest is interest that is calculated on the total of unpaid principal and accumulated interest on a loan. The difference is in simple interest there is no interest charged on accumulated interest while in compound interest there is interest charged on accumulated interest.

Related questions

If I have a vested interest am I affected by foreclosure on property?

Yes, your vested interest could be cut off.


Is interest on vested benefits calculated in pension expense?

No. Interest on projected benefit obligation is used and that encompasses both vested and non-vested amounts.


Can you have vested interest in a home ive rented for 10 years?

No.


What do you call a person who has a vested interest in a project or venture?

stakeholder


What is meant when one says 'vested interest'?

Vested interest seems to be a legal term. It means that someone has the right to obtain access to various types of property. It also means a special interest in pushing things that carry personal advantage.


What kind of people participates in animal testing?

People who have a vested interest in it.


Is vested interest on a property paid by the renter usable in the lenders eyes?

yes


Does general motors have a vested interest in Kia Motors?

No, but they have an interest in Daewoo. Ford at one time owned an interest in Kia until Kia was bought by Hyundai.


What are the release dates for White Collar - 2009 Vested Interest 4-10?

White Collar - 2009 Vested Interest 4-10 was released on: USA: 18 September 2012 Japan: 22 June 2013 Belgium: 29 September 2013


If your husband's ins says the vested amount is does that mean that's the total amount or what is paid monthly?

Total amount after interest.


Can anyone file for testamentary letters in probate proceeding?

No, not everyone can file for the letter. It must be someone with a vested interest in the estate.


Can a lien holder stop you from registering your vehicle for tags if you have defaulted on the loan?

They have a vested interest in the vehicle. Their lien can prevent you from registering the vehicle.