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Earn +20 ptsQ: What does flurry of interest mean?
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What does flurry mean?
http://dictionary.reference.com/browse/flurry. It states that flurry means "a light, brief shower of snow"
What does mack mean?
It means German people of interest.
What does simple interest mean?
Simple interest is a pre-determined amount of money. Such as - I'll loan you $100 and you pay me back $110.
What does unfavourable outcome mean?
It is an outcome of a trial in which the event of interest does not occur.
What is the monthly return of 1000 invested in saving account with 5.8 monthly interest?
If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83
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