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For example, if a particular corn futures contract is trading at $3.50, while the current market price of the commodity today is $3.10, there is a 40-cent cost basis.
For a more modest $100 per month or $1,200 per year, you would need $39,989 or around 536 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($2.24 in this ...
Learn how much you make per hour with a $40,000 salary. Find out how this breaks down weekly/monthly, taxes and tips for budgeting your salary better.
Another example is attempting to make 40 US cents without nickels (denomination 25, 10, 1) with similar result — the greedy chooses seven coins (25, 10, and 5 × 1), but the optimal is four (4 × 10). A coin system is called "canonical" if the greedy algorithm always solves its change-making problem optimally.
The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...
Interest rates vary widely. Some credit card loans are secured by real estate, and can be as low as 6 to 12% in the U.S. (2005). [citation needed] Typical credit cards have interest rates between 7 and 36% in the U.S., depending largely upon the bank's risk evaluation methods and the borrower's credit history.
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If it suddenly looks as if we charged you more this month than previous months, it might be because you use a checking account to pay your monthly fees, which comes with a surcharge. We apply sales tax to your monthly membership fee – based on your state and local tax regulations and rates – which could account for the remainder of the fee ...