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Which is the better investment 8.5 percent compounded monthly or 9.1 percent compounded annually?
Answer: 9.1% At 8.5% principal grows by (1+(.085/12))^12 = 1.0884 times in one year which is less than investing at 9.1%.
Is it better to have your interest compounded annually quarterly or daily?
Compounding interest more frequently generally results in a higher effective return on investment. Daily compounding yields the highest returns, followed by quarterly, then annually, because interest is calculated and added to the principal more often. Therefore, if the goal is to maximize growth, daily compounding is the most advantageous option. However, the actual benefit also depends on the interest rate and the time period of the investment.
What is better Daily monthly or quarterly compound is better?
The choice between daily, monthly, or quarterly compounding depends on the investment or savings goals. Daily compounding typically yields the highest returns because interest is calculated and added more frequently, allowing for faster growth. Monthly compounding is better than quarterly, but less advantageous than daily. Ultimately, the more frequently interest is compounded, the more interest you earn over time.
What is better for the consumer simple interest or compounded daily?
I'm thinking of bonds when answering this question. The more frequent the compounding the better it will be for the lender. The less frequent the compounding the better it will be for the borrower. Lets use this example: Interest = 10% Principle = $1000 Compounding A = Annually Compounding B = Quarterly Time period = 2 years A) At the end of the first year $100 in interest would have been made making the balance $1100. At the end of the second year $110 would be earned because of compounding and the balance would be $1210. B) At the end of the first year $103.81 in interest would have been earned with a ending balance of $1103.81. At the end of the second year the interest earned would be $114.59 and the ending balance would be $1218.40. What I showed here is that if you are the one receiving the interest you would prefer daily compounding. When you're paying out interest you would prefer simple interest.
How many mistakes were there in the translation of the Bible?
This question is impossible to answer since any answer is open to interpretation and counter argument. One problem in determining what might be a translation error and what is not is compounded by the fact that the Hebrew and the Greek - the original languages have words and concepts which are foreign to English. This is compounded when the grammar is also different with different, and in many cases more complex verb tenses for example. Students of biblical Greek soon realise this. Thus what some might call a mistake is just a failure to express a concept from one language into another. If you are referring to translation into languages other than English the problem may be compounded when there is no word at all for something. A good example of this is the word ''snow'' which, since it does not occur has no word in some African languages. Translators then use the nearest ''white'' equivalent. Is this an error -certainly not. Another issue may be the personal religious or denominational bias of the translator or group of translators. And then there is also the textual basis from which they are translating. This is thus not at all a simple question. Many Christians would assert that the Bible is itself without mistakes (in terms of the original) but that some translations are definitely better than others. For a number of important reasons many regard the KJV as best. (This has been dealt with at length elsewhere on site). Others would also assert that, even given the limitations of language mentioned above, that God has indeed preserved His word from error.
Which is the better investment 8.5 percent compounded monthly or 9.1 percent compounded annually?
Answer: 9.1% At 8.5% principal grows by (1+(.085/12))^12 = 1.0884 times in one year which is less than investing at 9.1%.
What interest rate would you need to double your money in 10 years compounded annually?
you would need an interest rate of 7.2 %. this would be a great slow return leaving you better off. with today's economy there is plenty of real estate to launch a wealthy careeer ahead.
Plan for better city low-income housing 1950s?
The plan for better city low income housing, in the 1950s, was to build large housing complexes. The large housing complexes offered low rent for its occupants.
What type of compounding would you prefer in your savings account?
The more often it is compounded the better. So daily is the best, next is weekly, monthly etc. The greater the number of compounding periods, the better it is for your bottom line.
What miners housing is like?
What miners housing is like can vary depending on how prosperous the mining company is. The larger the company and the wealthier it is, the better the housing will be.
What were model tenements?
An attempt to provide better housing in the slums.
How do you remove the tension spring housing for a frontera?
Google is better.
What housing market is the best to put his house on?
I think the best housing market is the newspaper. It will be out to the public, and you will have a better chance at renting it out. Also, a lot of people look in the newspaper for housing ads.
How do you get get emergency housing with out going to a shelter?
There are some ale insurance housing service provider company like expresshotelhousing through which you can get emergency housing. Just you need to be an ale housing insurance holder from that company. For better explanation make contact with them.
How much a basketball player makes a month?
It depends on how much the players earns on his/her contract annually. The better the player, means a better contract and a higher salary.
Is retirement housing a better choice for seniors?
Retirement housing is a great way to help yourself save money when retiring. This is due to the fact that retirement housing is very inexpensive, and can be left to travel freely.
What was housing like in middle ages?
em allot better than the poor
