Tag Archives: Finance

July 6, 2010, Author: , Leave a comment

Excel Finance Trick #10: Interest Rate for Pay Day Loans

Categories: Financial services
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Excerpt: See how to calculate the Interest Rates for Pay Day Loans. See how to calculate the Period Rate, the Number of Compounding Periods in a year, and the APR and EAR for a Pay Day Loan. See a problem with the EFFECT function. Learn how to use the function help to find a solution. Pay Day Loans will: Allow you to write a check that has a date 25 days in the future for $250 and will give you $200 today (they cash check in 25 days). What is the APR and EAR? Nominal Rate APR Rate Annual Percentage Rate…

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July 1, 2010, Author: , Leave a comment

Finance, Credit, Investments-modern Interpretation

Categories: Financial services
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Excerpt: Finance, Credit, Investments – Economical Categories. Modern Interpretation   Scientific works in the theories of finances and credit, according to the specification of the research object, are characterized to be many-sided and many-leveled. The definition of totality of the economical relations formed in the process of formation, distribution and usage of finances, as money sources is widely spread. For example, in “the general theory of finances” there are two definitions of finances: 1)            “…Finances reflect economical relations, formation of the funds of money sources, in the process of distribution and redistribution of national receipts according to the distribution and…

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