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Thread: One for the maths gurus, or should it be gurii

  1. 19th January 2018, 06:40 PM #1
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    One for the maths gurus, or should it be gurii

    What is the actual rate of return on an investment for a term of 9 months with a return of 2.6% for 12 months?
    Jim VK2MAD
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  2. 19th January 2018, 06:48 PM #2
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    Excluding any penalties, 1.95% (2.6 X .75)
    If you don't like trucks, stop buying stuff.
    http://www.aulro.com/afvb/signaturepics/sigpic20865_1.gif
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  3. 19th January 2018, 07:00 PM #3
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    minus tax
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  4. 19th January 2018, 07:02 PM #4
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    Factor for inflation
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  5. 19th January 2018, 07:07 PM #5
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    it's 2.6% either way...9 months or 12months...the monetary amount will differ by taking off the 3months. eg $10k for 12months = 260. /12 = 21.67 per month, x9months =$195. Just what Ian said.....1.95%
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  6. 19th January 2018, 07:18 PM #6
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    In reality, the return will no doubt be calculated on a daily basis.
    If you don't like trucks, stop buying stuff.
    http://www.aulro.com/afvb/signaturepics/sigpic20865_1.gif
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  7. 19th January 2018, 08:02 PM #7
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    All depends how often interest is paid..... if it's once, at the end of the investment, Ian's calculation is correct.
    Mark

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  8. 19th January 2018, 08:19 PM #8
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    Here ya go:
    http://www.thecalculatorsite.com/art...st-formula.php

    compound-interest-formula-diagram.jpg
    Cheers,

    Sean

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  9. 19th January 2018, 08:24 PM #9
    trog
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    By jiminy the knowledge of figures is outstanding, now I wonder if selling off an investment is worth it or not , as I fear my current working days are drawing to a close.
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  10. 19th January 2018, 08:44 PM #10
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    Quote Originally Posted by trog View Post
    By jiminy the knowledge of figures is outstanding, now I wonder if selling off an investment is worth it or not , as I fear my current working days are drawing to a close.
    One door closes, or you could use the ladder.
    If you don't like trucks, stop buying stuff.
    http://www.aulro.com/afvb/signaturepics/sigpic20865_1.gif
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