SIMPLE INTEREST
Simple interest is the basic process of computing the interest charge on a loan. It is determined by using the following formula:
Simple Interest = P x I x N
where P is the amount of the loan, I is the amount of the interest rate, and N is the number of periods or the duration for the loan.
POPULAR TERMS
Equity Accounting
Accounting technique where a company will document a section of the undistributed profits for an affiliated firm in which they have a position. ...
Lame Duck
An ineffective investor who makes series of poor trades because of ineptitude, which results to neglecting his or her debts or declaring bankruptcy ...
Series 23
Series 23 is an examination under the Financial Industry Regulatory Authority (FINRA) to become general securities principals and sales supervisors ...
Of Orders
A book that contains the entire buy and sell orders for a particular security that is placed by the public. It is kept by an order book official.
Absolute Return Index
It is an index of stock that is designed to measure its absolute returns. The absolute return index is composed of five indexes. This index i ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Domestic Corporate Goods Price Index | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 11:00 | Вице-президент ЕЦБ Луис де Гиндос выступит с речью | ||
| 11:00 | Industrial Production | Sep | |
| 21:30 | Член FOMC Мэри Дейли выступит с речью | ||
| 23:45 | Food Price | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 05:35 | 30-Year JGB Auction | Nov | |
| 09:00 | Harmonized CPI | Oct |
