Everything posted by Root beer
-
Brain is fried.
What is the answer anyway? Plug it in see what you get. I got 7.5 and when you plug it back in do it the normal way to calculate future value, I think it was 100 dollar more than the amount you put. So I just said "eh, it between 7-7.5%." I've never figure out interest rate before. My brother said there is a class, where there is a chapter you have to calculate an interest rate on a bond ready to be issue. Crap. I hate fixed income. :-[
-
Brain is fried.
This is harder than what I'm used too. Well, you said he collects interest 1 time through out 12 months. See, since he made the next deposit in March, he still hasn't collected interest on the original payment he just adding 25k to 50k which gives you 75. If you use the original 5.5% interest since you are still trying to collect an interest on that you get approximately 79,125.00 at the end of the year. However, if he still earned 80,425.00 he had an interest rate of approximately 7.5%.... Maybe 7% That's is best I can do. Never had to find interest rate. All 20 some problems including the compound interest problems all gave me the rate. I just had find balances and missing dollars. Example: A trust provides 10,000 to a county library at the beginning of each 3-month period for the next 2.5 years. If money is worth 7.4% compounded quarterly, find the amount in the trust when it began. As result of a court settlement, an accident victim is awarded 1.2 million. The attorney takes one-third of this amount, another third is used for immediate expenses, and the remaining is used to set up an annuity. What amount will this annuity pay at the beginning of each month for the next 20 years if the annuity earns 4.5% compounded monthly. All financial institution are required to give you interest rates anyway. I'm not expert on annuity, but I'm betting nearly 3/4 of all annuity if not all have multiple payments per year. Either monthly or quarterly.
-
Brain is fried.
F that! I rather do math than grammar. See, in math you are either right or wrong. In English, your professor/teacher will always find something to complain about on your paper. P.S. Math gets you further in life.
-
Brain is fried.
I spent all night in math class calculating Compound interest and annuities. I got tell you, math amazes me. I'm not claiming to be a mathematical genius. I'm just amaze by versatile of math equations and how bored these people had to be to come up with the numbers when they first try to compute these formulas. Anyone want give me a compound interest or annuities problem to solve? I could use the practice before test on Tuesday.
-
American Eagle Clothes
AE has one of most comfortable blue jeans ever! I like way my AE fits. Far as shrinking I notice when I first try them on they are little loose, but after first wash it fits better. But after that 1st wash it seems to stay the same. Probably just me.
-
bush
He played "Love remains the same" I thought it was a good song. Two fat chicks made out to that song and I nearly puked. They was butt ugly, man.
-
bush
The youtube video was not the concert I was at. It was awesome night though lol. Things I saw cannot be told on here. ;D
-
bush
I watch the lead singer of "Bush" Gavin Rossdale played tonight at Sundown in Knoxville, Tennessee. What an interesting night. It was free outdoor concert in middle of market square in downtown Knoxville. Saw lot of things It started to rain, and people just got drunker and louder as him and bunch band members kept on singing. Gavin Rossdale a pretty good guitarist. Crowd went nuts when he played this song and few others.
-
You're paying too much for cell service
I have Verizon Wireless and I pay 13.00 a month for unlimited text and video message. (this also include sending and receiving text message from people who do not have Verizon) I also get 600 minutes a month. Plus unlimited minutes to people with Verizon with free nights and weekends. Yeah, I'm cool.
-
We're funding this?
I think I'm go to China and get my money worth. ;D
-
Bass Boat Crash
Notice how it said he was in water for 10 minutes. Maybe that because the video camera operator let him float in water for 10 minutes. : If you witness something like that, would you just leave the guy floating in the water? He could have had a busted head and bled out, then the PFD wouldn't have mattered.
-
Who recommended Benjamin Buttons?
Sad? Do you cry when your flowers die?
-
things to not say while in Georgia
"Come Saturday there is going to be a blackout!" Only college football fans will understand this.
-
Who recommended Benjamin Buttons?
I started a thread about it, but I didn't say that it was excellent. I just said it was sad.
-
Is this just the sickest new car on the market ???
If you had bet money on that, yeah, you would have loss it all. I have a Ford Explorer.
-
Is this just the sickest new car on the market ???
How do you know GM didn't steal it from Ford? Come on, that argument is older than me. Auto makers been making similar looking cars for years. Just slight different body (not much different) and different motor is all it takes for them slap a different name on it.
-
Is this just the sickest new car on the market ???
That Lamborghini is NICE!!!! I wouldn't buy one, but man that is nice.
-
Is this just the sickest new car on the market ???
That is reason enough to never buy another GM product. I'm glad that there is someone out there that thinks like me. I'm disgust with GSE. Oh yeah, slick looking car, but come on it made by GM. A Ford Mustang would put it to shame.
-
Gotta love the WISEGUYS
that is funny right there!
-
the last exam
That's a crappy break. My economic professor spent 15 minute the day we took our final looking for the test....ridiculous how some professors are. I hope you do not have to pay for this mistake.
-
New stocks being issued
Well, I do not think my bank or energy stock is related, but the shipping stock MIGHT, because I'm wondering if one of the boats they use to charter out actually ships raw materials to the auto industry....
-
I've had it with this $*(%&*$()#*#$ rain
Pink, I'm surprise that Tampa, Florida is not on the list. It storms everyday at 4pm like a clock work. Least it did when I was down there for nearly a month in June.
-
Saddest movie ever!
Have you guys seen the movie "The Shooter"? The good guy in this movie dog was killed by the bad guys..So the good guy claimed "You don't understand, these people killed my dog." Good guy got his revenge. ;D
-
New stocks being issued
I"m trying to decide whether or not to pull out of a stock, let it fall when General Motor goes bankrupt, but I do not believe my stock is correlated to GM. However, with all the emotions going around it may end up dropping. I figure to go head take my small profit, see if it falls and then double my share intake when the price does fall. That way, when it goes back up I make twice the profit. But on other hand, I'm not sure it will fall when GM goes bankrupt, what if it doesn't fall and it keeps rising in price...When Chrysler filed bankrupt, none of my stocks were affected. Before one of my stock announced 1Q earning, I knew it was going to fall because of lack of goods flowing between countries and I could have sold it off and my portfolio would look like it never sustain a loss, then I could have double my share after the 1Q earning were released. It fell 2.00 after 1Q was released. I cannot believe I didn't go with my gut and missed the perfect opportunity. Never again will I make that mistake. I feel like I need buy option on this one stock..I'm still skeptical about it going up, but if it does go up, I can still buy it cheap and sell it high.. If not, then I just lose whatever the premium price was...I wish I never learn what option is, it wildly interesting. If I had to be a trader, I work in Chicago on the options exchange.
-
New stocks being issued
If anyone is interested. Dow Jones closed at: 8,409.85