Saturday, June 04, 2011

Interest Equation

To calculate interest, use this formula:

I= P * r * t

I= Interest
P= Initial money
r= Interest rate
t= Time

For example, if you stated with $4500 at a 9.5% for six years, the equation would read:

I=(4500)(.095)(6)
I=2565

At the end of six years you will have made $2,565 dollars from your initial investment, totaling $7,065.

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Thursday, June 03, 2010

Article Date

If you are linked to an article of political interest/outrage, check the articles date to make sure you're not becoming angry over old news.

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Saturday, May 16, 2009

Convince of want

It should not take serious effort to convince someone to do something with you. If it does, it means the person is either not interested in the event, or you.

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Thursday, January 10, 2008

Rent interest

A reason not to pay all your for a period of time rent upfront (if you have that luxury) is because if you pay periodically, the rest of that period of time's rent can accumulate interest in a back account.

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