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What else can I help you with?
Interest on maturity is better or monthly interest?
If you need a monthly income then obviously a monthly income is better. If the monthly interest is not withdrawn then it makes no difference because the annual interest rate is usually equal to the compounded monthly rate.
If you plan to spend 9 percent of your monthly income on medical expenses how much would you budget for a monthly income of 1550?
If you plan to spend 9 percent of your monthly income on medical expenses, you would budget $139.50 for a monthly income of $1550.
How do you determine the rate for one month for compounded interest?
On monthly compounding, the monthly rate is one twelfth of the annual rate. Example if it is 6% annual, compounded monthly, that is 0.5% per month.
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What would happen to a monthly payment if the interest rate increased?
Either the monthly payment would have to increase or the period of the loan.
What type of reinbursement method involves a fixed monthly sum per enrollee?
Capitation
How can I calculate the monthly percentage rate for a loan or investment?
To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.
What is risk withhold?
The portion of the monthly capitation payment to physicians withheld by the managed care plan until the end of the year or other time period to create an incentive for efficient care.
What is a financed car?
A "financed" car is one that is purchased with money that is loaned to you. You then make monthly payments at a certain rate and percentage for a certain number of years and months. The car is owned outright by the one who lent the money.
What is the average monthly cost of operating an electric furnace?
The average monthly cost of operating an electric furnace is typically around 100 to 200, depending on factors such as the size of the furnace, energy efficiency, and local electricity rates.
What is the quarterly interest rate if the annual percentage rate is 7 with monthly compounding?
The quarterly interest rate with monthly compounding for an annual percentage rate of 7 is approximately 1.75.
What is the percentage of teens who use marijuana on a monthly basis?
7.5
What is it called when you pay off your credit cards monthly?
If you are referring to the monthly payments you make for a certain period in connection to a credit card loan, it is called monthly amortization.
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities?
Divide the utility expense by the monthly budget. Multiply the result by 100.
How do you do break even analysis in a bank?
ensure that your incomes are more than your operating expenses on monthly basis.
How does companies offering gold loans earn profit?
Companies offering gold loans charge a certain percentage as interest on a monthly basis. The mortgage for Gold Loans is Gold. Earning from interest income will lead to profitability.
Can you reduce monthly mortgage by reducing percentage going to principal?
Yes, but your lender has to agree to it.
