2007-01-29 08:53:05 · 3 answers · asked by Doug M 1 in Business & Finance ➔ Personal Finance
Using simple interest with no compounding, it's 6.00%. However,
compounded:
1) annually, it's 5.83%
2) monthly, it's 5.68%
3) daily, it's 5.67%
These figures can be calculated using a financial calculator - I used an HP 12-C.
2007-01-29 09:23:10 · answer #1 · answered by Marko 6 · 0⤊ 0⤋
I dont see something incorrect with those taxes. The Obama administration decrease the Social protection tax 2% for the final 2 years, stored the bush tax decrease in place for all earnings tiers, and has given distinctive tax credit. those taxes dont impact each and every physique. Congress authorizes taxation no longer the President. He only signs and indications the expenses.
2016-11-23 12:38:23 · answer #2 · answered by ? 4 · 0⤊ 0⤋
5.6% if compounded monthly.
2007-01-29 08:59:22 · answer #3 · answered by zander1331 3 · 1⤊ 0⤋