prosta (kamatna) stopa
English translation: simple interest rate
| 23:46 Jan 15, 2006 |
| Bosnian to English translations [PRO] Bus/Financial - Finance (general) / credit-related terminology | |||||||
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|  Selected response from: Karen Ordanic Local time: 13:30 | ||||||
Grading comment
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| 5 +7 | simple interest rate |
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Answers
2 hrs confidence: 
peer agreement (net): +7
peer agreement (net): +7simple interest rate Explanation: . -------------------------------------------------- Note added at 2 hrs 57 mins (2006-01-16 02:43:09 GMT) -------------------------------------------------- Simple interest rate The simple interest rate is the interest that you earn on savings, stated as a yearly percentage. For example, $1,000 invested at 10% earns $100 in interest in one year. The opposite of simple interest is compounded interest. This is the interest you earn on interest that you have reinvested. For example, if you received payments of $25 every three months and reinvested it for the remaining terms of nine, six and three months, you would earn an extra $3.80. This is the amount of compounded interest. Your compounded interest rate, in this case, is 10.38%. http://www.financialcarecenter.com/tools/savings_glossary.ht... -------------------------------------------------- Note added at 3 hrs 38 mins (2006-01-16 03:24:31 GMT) -------------------------------------------------- Rjecnik bankarstva i financija |
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