That is pretty close to a 49.5% return per year. This is based on a one time sum of 6000 dollars. It is more likely they mean $6000 a year for five years, ($30,000) after which they will pay out $44,650 at the end of the fifth year. That works out to about 12.5% a year. If this is the case, it is a very decent return. Be careful about the investment. There is usually no guarantee on this kind of offer. Consult a professional investment counselor before investing.
Assuming it is 2.05 percentper annum, then 2.05% of the amount that you deposit (or 2.05% of the average amount of your deposit).Assuming it is 2.05 percentper annum, then 2.05% of the amount that you deposit (or 2.05% of the average amount of your deposit).Assuming it is 2.05 percentper annum, then 2.05% of the amount that you deposit (or 2.05% of the average amount of your deposit).Assuming it is 2.05 percentper annum, then 2.05% of the amount that you deposit (or 2.05% of the average amount of your deposit).
It depends whether the interest is compound or not. However, if the interest is credited at the end of the first year, you would have 166250 interest at 9.5%
If the interest is reinvested and so itself gains interest (in the next interest period) it is compound interest.
The simple interest, I, on a deposit of C, at an interest rate of r% per year, deposited for y years, is calculated as I = C*(r/100)*y
(5.1 x 4.25)/4 = 5.42
A fixed deposit is a financial instrument provided by banks or NBFC's which provides investors with a higher rate of interest than a regular savings account.
A deposit made by investors with corporations for a fixed time period, for a predetermined/agreed upon rate of interest is called a "Corporate Fixed Deposits"
Company's/Corporations can raise capital by means of issuing Fixed Deposits to investors using the Section 58A of the Indian Companies Act. These deposits will be used by the company to fund its expansion, meet its day to day cash requirements etc. This is just like a regular loan that we may take from any financial institution. The company will make periodic Interest Payment (Usually Once a Year) to all the investors in return for the deposit they made with them. At the end of the deposit tenure the company will re-pay the money deposited to all the investors. A point to note here is that, these deposits are unsecured. If the company is unable to perform as expected or starts making losses, the interest payments may be skipped and in the worst case, if the company declares bankruptcy, the whole deposited money may be lost. This is exactly the reason why company fixed deposits offer a higher rate of interest (Usually 2-3% more than Bank FD's) to attract high risk investors who want better returns that what is offered by Banks.
how to calculate Recurring deposit interest ?
25'912 cash plus 29913 interest deposit or 18608 cash plus 37200 interest deposit
15840 interest deposit plus 36250 cash is greater.
interest
my Question is which has greater value? $52.565 cash plus $33.455 interest deposit or $33.999 cash plus $44925 interest deposit
interest rate of recurring deposit in iob
You will recieve a higher rate of interest as your deposit amount increases.
A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.
direct deposit