Financial > [ 1
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[ 1? A Basic Definition
(1/1+i)t ] (1/1+i)t ] (1/1+i)t ]
where i is the interest rate and t is expressed decimally (.05 for 5 percent). Also, t is the time and .5 refers to 1/2 of a year, 2 equals 2 years and 7.75 equals 7 3/4 years.
where i is the interest rate and t is expressed decimally (.05 for 5 percent). Also, t is the time and .5 refers to 1/2 of a year, 2 equals 2 years and 7.75 equals 7 3/4 years.
Local education officials glad for raise via budget, await to see needs
Published July 8, 2008, 7:41 pm, New Bern Sun Journal
The $21.4 billion budget state lawmakers approved Tuesday includes a "fairly modest" raise for teachers, the finance officer for Pamlico County schools said.
10 easy ways to save money
Published July 8, 2008, 7:37 pm, La Salle News Tribune
At the gas pump, in the grocery store, the movie theater, even the post office. Anywhere you look, prices are going up with no sign of retreat — typically faster than paychecks — bringing on a summer of tight budgets. Finding a little extra cash never hurts.
Fed Sees Turmoil Persisting Deep Into Next Year
Published July 8, 2008, 7:37 pm, NYTimes.com via Yahoo! Finance
Ben S. Bernanke, the chairman of the Federal Reserve, outlined a series of steps the Fed is considering taking in the coming months to stem the crisis.
John Templeton, Investor, Dies at 95
Published July 8, 2008, 7:36 pm, NYTimes.com via Yahoo! Finance
Sir John was an investor who founded the Templeton Prize for “progress in religion” and “research or discoveries.”
Bedeviled by the Churn, Sprint Tries to Win Back Disgruntled Customers
Published July 8, 2008, 7:36 pm, NYTimes.com via Yahoo! Finance
Sprint’s new chief executive, Daniel R. Hesse, has much to do to repair the cellphone operator’s corporate culture and to stem the losses of customers to rivals.
Iraq and Afghanistan to cost Britain 12 billion pounds total by 2009
Published July 8, 2008, 7:34 pm, TurkishPress.com
LONDON - Military operations in Iraq and Afghanistan since late 2001 will have cost the British government a total of 12 billion pounds (15.1 billion euros, 23.6 billion dollars) by next year, according to figures provided by Defence Secretary Des Browne on Tuesday.
North Murray High gets attention
Published July 8, 2008, 7:32 pm, The Dalton Daily Citizen
CHATSWORTH — Though ground has yet to be broken, North Murray High is moving forward. Core Properties of Chattanooga was awarded the bid for construction testing services for the site on Mount Carmel Road at $71,775 by the Board of Education Monday night.
County Coffers Could Take Hit
Published July 8, 2008, 7:32 pm, The Morning News
Benton County may have less money in its savings account at the end of this year, County Comptroller Richard McComas said.
(AFX UK Focus) 2008-07-09 02:57 S.Korean won at near 3-wk high on govt, Bernanke
Published July 8, 2008, 7:31 pm, Interactive Investor
SEOUL, July 9 (Reuters) - The South Korean won hit its strongest in almost three weeks against the dollar early on Wednesday, helped by the country's plans to increase overseas fund inflows and comments from the U.S. Federal Reserve chairman.
Fitch affirms Sri Lanka's Nations Trust Bank at 'A(lka)'
Published July 8, 2008, 7:30 pm, Thaipr.net
Fitch Ratings has affirmed Sri Lanka-based Nations Trust Bank PLC's (NTB) National Long-term rating at 'A(lka)'. At the same time the agency has assigned an 'A-(lka)' (A minus(lka)) rating to NTB's pr
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- #1 Majority Whip Clyburn | The Daily WhipLine | July 8, 2008: A list of bills that will be voted on - all "suspensi on" bills.
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