33
20, assuming annual compound interest, 24 if simple interest.
Nicolaus Copernicus's parents names were zigwid (Father) and Zelda (mother)
Copernicus' parents were Nicolaus Koppernigk - of which 'Copernicus' is the Latin form - and Barbara (Watzenrode).
eetrgrv
56%
20, assuming annual compound interest, 24 if simple interest.
It depends: a. Yes - If you are joint holder of the account along with your parents then you can deposit it into that account b. No - If you are not a joint holder of the account along with your parents, then you cannot deposit it into that account. A check can be deposited only into an account that is held by the person on whose name the check is issued.
he is 33 because .06*4000=240 10000-4000=6000 6000/240=25 8+25=33
Does your child have a savings account/bank account? If so, I think you might be able to deposit it for them. If not, think about starting one. I wish my parents had for me; it's very helpful financially. :)
To determine when Ryan's investment will double, we can use the rule of 72, which estimates the number of years required to double an investment at a fixed annual interest rate. At a 6% interest rate, it will take approximately 12 years for the investment to double (72 ÷ 6 = 12). Since Ryan was 8 when the investment was made, he will be 20 years old (8 + 12 = 20) when the investment doubles.
Ask your parents.
NO. Online banking is a fantastic way to manage your bank account as it is easy and convenient, However, you will not be able to use it exclusly. You will still need to deposit any money received from the parents dircetly into your account.
Yes. There are no restrictions as to who can open a Term Deposit account. Let's say your grandpa gave you $1000 and you want to deposit $1000/- towards your college funds, you can visit your nearby bank branch and open a TD as a joint account between you and your father/mother. Since you are a minor, the bank would require a signature of your parents or atleast one adult member of your family before opening your fixed deposit account.
I am sorry for the parents loss. But I hope that they are not fighting about the money. A good thing to do with the money would be that neither parent get it and it go to a memorial college fund in the name of the child. * The distribution of funds depends upon how the account was established. For example if the account was held by one of the parents with survivorship rights being applicable the funds then revert to the parent account holder. Other situations will be determined by the probate succession laws in the state where the account is held.
yes
Yes, both parents can be listed as account holders on a 529 account.
No, since they are not your biological parents.