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
Parking
A form of kiting shares that a brokerage commits by moving long positions in unrelated accounts to cover short positions that are improperly settle ...
Aleatory Contract
A type of contract in which the involved parties is not required to perform a particular action until such time a specific event happens. Those eve ...
Service Certificates
Service Certificates are bond-like certificates for World War I (WWI) veterans. Service certificates had face value that are the same as bonds wher ...
Trailing Stop
Trade order which can be placed at a certain percentage away from the security’s current market price. For a long position, it is set below t ...
Pretax Contribution
It refers to the payment made with money that hasn’t been taxed.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | May | |
| 14:30 | Consumer Price Index | May | |
| 14:30 | Consumer Price Index Core | May | |
| 14:30 | Common Core CPI | May | |
| 14:30 | Trimmed Core CPI | May | |
| 14:30 | Median Core CPI | May | |
| 16:00 | Consumer Confidence | Jun | |
| 02:30 | PMI Manufacturing | Jun | |
| 02:30 | Tertiary Industry Index | Jun |
