Bank value date?
Hello, I saw that eBay wanted 68 cents from me today, but I just saw it and didn't have any money on it, and now it says value date 28.5. This means that interest will be added tomorrow, or are the 68 cents enough? (Sparkasse)
Condominium / loan?
Hello, I have a question about taking out a loan for a condominium in Berlin. Let's assume Max has a monthly net income of €2,200 as an employee. Laura earns €2,100 as an employee. Therefore, both earn approximately €4,300 net per month. Now both of them want to buy a condominium for 250,000 euros or…
Gross interest formula?
Solution: Question: Why is K in the interest formula the gross amount (5,950 gross – 119 gross)? The text refers to the net payment, doesn't it? So it should be: K = 5,850? Thanks!!!
Interest formula task?
Solution: Ask: How can the question about the "interest rate per year" be asked if t = 20 days? Surely t = 360 days (one year) should be used? Thanks!!!
Calculate car loan interest rate?
Hello friends, Is there any way to calculate the effective annual interest rate yourself? I had a bank calculate it online. I enter the net purchase price and the term into the calculator. For example, a purchase price of €13,990 and a term of 48 months results in a payment of €328. How do I…
Are interest rates creating money out of nothing?
Interest is charged, for example, when you take out a loan or borrow money from someone else. The interest means you always have to pay back a few percent more of the total amount borrowed. Nowadays, interest rates are present in many areas anyway, which is why I can't imagine anything other than banks being…
Interest and target interest rate?
How can I find out how much I have to pay in addition? I don't know much about it and I'm asking her for a little help. I want to make an installment purchase and pay 43.75€ for 24 months. the entire fee is only 945.99€ fixed interest rate: 9.99% the total contribution plus interest…