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If the daily interest rate is 3.50 percent what is the annual interest rate?

3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)


John buys a 1000 bond that pays 6 annual interest at 75. What is John's annual yield?

To calculate John's annual yield, we first need to determine the annual interest payment he receives from the bond, which is 6% of $1,000, amounting to $60. Since he purchased the bond for $750, the annual yield can be calculated by dividing the annual interest payment by the purchase price: $60 / $750 = 0.08 or 8%. Thus, John's annual yield on the bond is 8%.


Which method to compound interest pays the highest yield?

The method to compound interest that typically pays the highest yield is continuous compounding. In this method, interest is calculated and added to the principal at every possible instant, effectively resulting in exponential growth. While most traditional compounding methods (like annual, semi-annual, quarterly, or monthly) compound at specific intervals, continuous compounding maximizes the amount of interest earned over time. Therefore, for a given interest rate, continuous compounding will yield the highest returns.


How much time will it take for an amount of rs450 to yield rs81 as interest at 4.5 percent per annum of simple interest?

5 years


What is the future value of 100000 dollars with 20 percent interest in 10 years?

Simple interest compounded annually and reinvested will yield 619173.64 before taxes.

Related Questions

What is John's annual yield when John buys a 1000 bond that pays 6 percent annual interest at 75?

8


If the daily interest rate is 3.50 percent what is the annual interest rate?

3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)


What is current yield on a bond that the return is 10 percent with a 1000 par value bond with a 10 percent annual coupon and the bond pays interest annual and there are 3 years remaining?

8.5


What is the true annual rate of interest charged?

The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.


John buys a 1000 bond that pays 6 annual interest at 75. What is John's annual yield?

To calculate John's annual yield, we first need to determine the annual interest payment he receives from the bond, which is 6% of $1,000, amounting to $60. Since he purchased the bond for $750, the annual yield can be calculated by dividing the annual interest payment by the purchase price: $60 / $750 = 0.08 or 8%. Thus, John's annual yield on the bond is 8%.


What type of interest rate can you expect from a high yield savings account?

Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.


How can you find out own annual percentage yield online?

An annual percentage yield enables one to find out how much interest a set amount of money is earning in interest per year. Many banks and other financial institutions include an interest calculator on their websites.


How do you calculate the annual percentage yield (APY) on a certificate of deposit (CD)?

To calculate the annual percentage yield (APY) on a certificate of deposit (CD), you can use the formula: APY (1 (interest rate/n))n - 1, where the interest rate is the annual interest rate and n is the number of compounding periods per year.


The current yield on a bond is equal to?

Annual interest divided by the current market price


What is the difference between annual rate and annual yield?

The annual rate is the interest rate charged on a loan or investment, while the annual yield is the actual return earned on an investment, taking into account factors like compounding and reinvestment of earnings.


How to calculate the yield of a bond?

To calculate the yield of a bond, you need to divide the annual interest payment by the current market price of the bond. This will give you the yield as a percentage.


Which Canadian banks offer high interest checking accounts?

Schwab Bank is one of the highest Canadian banks that offer high interest checking accounts. As of March 13, 2013, their annual percentage yield is 0.10 percent.