What is the best CD interest rate for an investment of $5000?

1 Answer

Answer :

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Related questions

Description : According to this article, the average Canadian saved over $5000 during the pandemic, have you?

Last Answer : Makes me wonder WHO is average?

Description : If you had to pay $5000 to tell someone you loved them, what would you do?

Last Answer : 1. I ain’t prone to saying such things (at least not seriously saying that). 2. I’ll never collect that much money. 3. Love can be expressed without cheesy lines.

Description : What should I do with this $5000?

Last Answer : answer:Check out Vanguard.com for really low fees. Here's one that mimics the Standard and Poor's 500 fund. For $5000, you can do the research yourself not worth paying a financial advisor anything ... or try Fidelity.com for similar info. Value, growth, tolerance for pain or temporary losses, etc.

Description : Is it plausible to make $5000 a month , $60,000 a year, working 12 hours a day 7 days a week at Mcdonalds?

Last Answer : answer:First, I would say, good luck getting them to allow you to work that much. That part isn’t plausible at all. After that, you’d need to make $13.69/hr (not counting overtime pay) to make that wage with that many hours. Do they pay that?

Description : I'm a first time home buyer looking for a house. I had my agent set up a showing for a home this weekend only to find that the price of the home has suddenly jumped $5000 today! What happened? Is this shady business or is there a logical explanation?

Last Answer : Shady business in the housing market? It’s a frequent thing these days. That does sound fishy. Prices are all going down not up. I’d say drop your bid $6000 and let them know it’s a down market.

Description : What was $5000 (USD) worth in 1960, comparable to today?

Last Answer : http://data.bls.gov/cgi-bin/cpicalc.pl

Description : Where can I look up used cars for sale for less than $5000?

Last Answer : Craigslist is the best place to buy a used car for cheap. There are nice and reasonable people selling their cars everyday for cheap! You won't be disappointed!

Description : If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years Use the continuous compound interest formula: A = Pert?

Last Answer : 10001/999900

Description : Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment made by Ramesh, and also the rate of interest (retu

Last Answer : Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment ... the company pays a dividend of `8%` per annum.

Description : What interest rate is required for an investment with continuously compounded interest to double in 8 years?

Last Answer : It is approx 8.66%

Description : The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Last Answer : (3) falls as the annual yield of an investment rises. Explanation: The internal rate of return on an investment or project is the "annualized effective compounded re-turn rate" or discount rate ... the investment equals the net present value of the benefits (positive cash flows) of the investment.

Description : 'Marginal efficiency of capital' is - (1) expected rate of return on new investment (2) expected rate of return of existing investment (3) difference between rate of profit and rate of interest (4) value of output per unit of capital invested

Last Answer : (1) expected rate of return on new investment Explanation: The volume of investment depend upon the following two factors: (1) rate of interest: and (2) marginal efficiency of capital. Before ... partly on expectations of future yields and partly on the actual price of the capital good concerned.

Description : Under the liquidity trap conditions, an increase in money supply will (a) increase investment (b) increase level of employment (c) reduce the rate of interest (d) have no effect on interest rate, investment and employment

Last Answer : (c) reduce the rate of interest

Description : According to Acceleration principle investment depends on change in the level of------ (a) rate of interest. (b) level of income. © price (d) saving.

Last Answer : (b) level of income.

Description : .Induced investment depends on (a) Price level and rate of interest (b) Level of income and rate of interest © Level of employment and wage rate (d) Price level and wage rate.

Last Answer : (b) Level of income and rate of interest

Description : ‘Marginal efficiency of capital’ is (1) expected rate of return on new investment (2) expected rate of return of existing investment (3) difference between rate of profit and rate of interest (4) value of output per unit of capital invested

Last Answer :  expected rate of return on new investment

Description : The internal rate of return (1) must be less than the interest rate if the firm is to invest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm’s investment. 

Last Answer : falls as the annual yield of an investment rises.

Description : Whats the highest savings account interest rate, and CD interest rate, you know of?

Last Answer : For savings I use smartypig.com. It works great.

Description : What is a good CD interest rate?

Last Answer : A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69

Description : rate of interest for $50,000 CD?

Last Answer : the best rate is 5 percent

Description : With interest rates so low, what might be a good investment?

Last Answer : answer:Well that’s the million dollar questions now isn’t it :) My investing club is looking into domestic and international stocks that deal in: trees, water, pipline manufacturers, biotech and precious metals, palladium especially.

Description : Interest on investment is __________ of business concern. 

Last Answer : Interest on investment is __________ of business concern. (a) a profit (b) a loss (c) an expense (d) an income

Description : On which side of the Cash Book interest on investment is to be shown?

Last Answer : On which side of the Cash Book interest on investment is to be shown?

Description : What interest applies when interest for each year is based on the amount of the loan or investment?

Last Answer : When each interest calculation uses the initial amount, this is called Simple Interest. The other type is Compound Interest, which uses the current balance as the basis for interest calculation.

Description : What is an Investment Interest calculator?

Last Answer : An investment interest calculator will calculate the amount of interest that you will have to pay on an investment on a home, car, or other type of big expense.

Description : How to calculate compound interest using a monthly investment calculator?

Last Answer : A simple formula can be used to calculate the amount the dollar invested is worth over a monthly period. Use PV*(1+R)/N where PV is your present investment, R is your interest rate and N is the number of investment periods.

Description : A low interest policy is also known as – (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy

Last Answer : (1) cheap money policy Explanation: Cheap money policy involves loan or credit with a low interest rate, or the setting of low interest rates by the central bank of the country. Cheap money is ... , but bad for investors. Cheap money policy was one of the primary catalysts of the 2008 recession.

Description : Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b ... amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Last Answer : d) All the above

Description : In which circumstance is a CPA firm's independence most likely to be impaired? a. An individual on the audit has a close relative who is a receptionist for the client. b. The father of ... of the office's compensation is affected by office profitability, a portion of which arises from this audit

Last Answer : The spouse of a staff member on the audit has an immaterial common stock investment in the audit client

Description : In which circumstance is a CPA firm's independence most likely to be impaired? a. An individual on the audit has a close relative who is a receptionist for the client. b. The father of ... of the office's compensation is affected by office profitability, a portion of which arises from this audit.

Last Answer : The spouse of a staff member on the audit has an immaterial common stock investment in the audit client.

Description : Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government ... spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

Description : 10. Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a ... investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

Description : ________ of depreciation calculation accounts for the interest on investment. (A) Straight line method (B) Declining balance (C) Both (A) and (B) (D) Neither (A) nor (B)

Last Answer : D) Neither (A) nor (B)

Description : An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20 (B) 1000 (1 + 0.1)20 (C) 1000 (1 + 0.1/4)5 (D) 1000 (1 + 0.1/2)5

Last Answer : (A) 1000 (1 + 0.1/4)20

Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Last Answer : B. Rs. 5, 80,425

Description : Interest on investment is calculated on ____ a. Face value b. Market value c. Cost

Last Answer : Face value

Description : The return on investment (ROI) may be calculated as A. Net profit before interest, tax and dividend / Capital employed B. Net profit after interest, tax and dividend / Shareholder's fund C. ( Net profit - preference dividend )/ No. of equity shares D. Return on Investment / Net profit ratio

Last Answer : A. Net profit before interest, tax and dividend / Capital employed

Description : Which of the following is not a component of GDP? (a) Government spending (b) Investment © Interest (d) Net exports

Last Answer : © Interest

Description : .An increases in investment is most likely to be caused by (a) Lower interest rates (b) Expectations of lower national incomes © A decrease in the marginal propensity to consume (d) An increase in withdrawals.

Last Answer : (a) Lower interest rates

Description : An increase in investment is caused by (a) Lower interest rates (b) Expectations of lower national income © A decrease in the marginal propensity to consume (d) An increase in withdrawals

Last Answer : (a) Lower interest rates

Description : he granting of cash subsidy on the capital investment is called __________. A. Concessional finance. B. Quantum of Subsidy. C. Interest Subsidy. D. Central Investment Subsidy.

Last Answer : D. Central Investment Subsidy.

Description : A low interest policy is also known as : (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy 

Last Answer : cheap money policy

Description : What bank pays the highest cd interest rates?

Last Answer : Bank of America offers the highest CD rates in the industry.

Description : How do highest cd interest rates affect me?

Last Answer : If you have funds invested in CDs, a higher rate will result in a greater return. Higher rates are usually given for longer terms of investment.

Description : Where can I find the current cd interest rates for banks in florida?

Last Answer : Check out www.bankaholic.com/highest-cd-rate-in-Florida/

Description : Are the interest rates of a CD likely to go up in the next few months?

Last Answer : Yes, the interest rates will most likely go up due to the economy

Description : What are the absolute highest cd interest rates?

Last Answer : The absolute highest cd interest rates is about 10%

Description : Where can I find good cd interest rates in boston?

Last Answer : Bank of America offers great CD rates in your area.

Description : Which online banks have the highest CD interest rates?

Last Answer : Which online banks have the highest CD interest rates? can help you find the best current rates.

Description : Do banks provide the highest CD interest rates now?

Last Answer : Banks are generally the only ones that provide CDs. If you mean WHICH bank provides high interest rates, check out Ally bank. Its CDs have an APY of 1.7%, one of the highest in the industry.