Sentence examples for calculated the interest from inspiring English sources
A few years ago, he used his American Express card to buy a Roy Lichtenstein at Sotheby's for $2.5 million, because he had calculated the interest he could earn by delaying the payment for a month.
Because the interest rate listed on your credit card statement is an annual rate, but this calculation requires the monthly interest amount, calculate the interest within the cell by dividing the interest rate by the number of months in a year (12).
The question arises as to what particular interest rates are used to calculate the interest parity.
The sums required to calculate the interest on a deposit for a part of a day will be horribly complicated under the 12x60x60 system.
Surrounded by the sleek machines last week, Ms. Giles directed her fifth-grade students to go online to a virtual bank and calculate the interest on a $600 deposit.
Clearly, the idea that large corporations precisely calculate the interest rate at which they are willing to undertake investment – and that they would be willing to undertake a large number of projects if only interest rates were lowered by another 25 basis points – is absurd.
Using standard accounting methods (calculating the interest rate that would make the net present value of the flow of future benefits equal to the initial costs) they calculate that the new GAVI programme can be expected to generate an immediate rate of return of 12.4%, rising to 18% by the end of the programme.
"I will have to calculate the interest".
A good way to determine if the interest rate is excessive is to calculate the interest coverage ratio.
To calculate the interest coverage ratio, take the annual EBITDA (earnings before interest, taxes, depreciation and amortization) or the airline's operating income, and divide it by the annual interest expense.
If you calculate the interest cost the annual percentage rate on some cards is in excess of 20%–and add it to the price tag, the item often becomes prohibitively expensive.
