|
|
| *Home>>>Investment Account |
When do banks pay out interest on Savings accounts and returns on Investments? |
I want to make a few investments and open up a prime rate savings account. When in the month do banks pay out the interest and the returns on investments? This depends onthe bank and savings acct you open. Most compound interest daily but either pay it monthly or quarterly. It sounds like a money market acct may be a good option for you, the interest rates are generally higher than traditional savings accts and do require a larger initial deposit. READ THE TERMS AND FINE PRINT FIRST!! |
| Tags |
| Investment Company Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
I was going to say "IRR is the bank interest rate that you have to beat to make your investment worth the risk" but then I read on and it looks like you got that far already, furthe... My guess would be non-influential and non-controlling, as I interpret this to mean <20% ownership. These investments would be accounted for as "available-for-sale" and recorded at cos... OK I don't have my Finance Calculator with me right now (if I remember I will comeback and answer it.) But to figure it out all you need to do is a.) put in FV=$9,500, (I) 6% and (N or time) ... If you do your own work you will have a skill that will serve you well over a lifetime. Give it a try, and let us know when you get stuck. ...I would say when you're younger (theoretically have less money) it's easier and a better idea to go all under one roof. This is likely to save you money as well considering you receive a ... a safe ...DO NOT respond to that email. This is a classic case of ADVANCE FEE FRAUD. Check out this website called www.phonebusters.com for more detail. Think about it, who will give you something in this... The calc the 1st person told has a slight flaw I think. Most people don't make a ton of money straight out of school. Plus, you also have loans which puts you at a negative net worth startin... |
Categories--Copyright/IP Policy--Contact Webmaster |