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Anonymous Posted on Apr 07, 2014

Resultant rate calculation

Interest rate is 16% per annum. The first deposit is R1 000 and every subsequent deposit will be increased each time by 9%. How do I calculate the Resultant Rate?

1 Answer

Mike Magnay

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  • Expert 118 Answers
  • Posted on Apr 09, 2016
Mike Magnay
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There is no 'resultant rate' as it changes every period. Assuming the period for each deposit is 1 year, the growth is as follows-

resultant rate calculation - 24034577-vul1fvgscd0ugyfa20t1nynz-5-0.jpg

5 Related Answers

Anonymous

  • 1 Answer
  • Posted on Dec 29, 2008

SOURCE: Viking V714 calculator tax rate change

1. Press C button
2. Press 1 then 5 button for the 15% VAT rate - 15 is shown on screen
3 Press SET Button
4. Press TAX+ button
5 Press = Button - 15.00 is shown on screen

All is done, check by doing:
C
100
TAX+

answer will be 115.00

Press TAX+ again- answer is 15.00

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Anonymous

  • 2 Answers
  • Posted on Jan 27, 2009

SOURCE: Set Tax Rate

First clear all w/ ON/AC.
Enter the tax rate desired eg. 7 for 7% (can you tell I'm in PA)
Press RATE then TAX+
Press C/CE.
The next time you use TAX+ it will calculate and add the value that you set.
Do the same for TAX-, you can use a different value for each as they are separate memories.

Anonymous

  • 10515 Answers
  • Posted on Mar 23, 2009

SOURCE: change the tax rate on calculator on MS-8TV

SETTING YOUR TAX RATE
you hold your set % button down for three seconds until set shows again, then hit tax rate button it shows your tax rate, change your tax rate then hit set your tax rate should be set.



cliff notes:
hold set% button
hit tax+ button
change the desired % 
hit set done


Do rate the solution.

Anonymous

  • 1 Answer
  • Posted on Jun 05, 2009

SOURCE: I need to calculate NPV

Did you take into account that you have beginning of the year payements? Your calculator probably treats it as an end-of-the-year payment? Did you try treating the first payement as an initial cash flow (should be available as an option in your calculator input) and the treat the three remaining years as end of the year payements at your 9% rate. It should do it.

Anonymous

  • 1 Answer
  • Posted on Jan 07, 2010

SOURCE: how to change tax rate on MS-8TV calculator

Hi there,

Press AC first, then hold down the RATE SET % button for 2 seconds, then input the rate and press RATE SET % button again

And you should be away :-)

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Related Questions:

0helpful
2answers

What is the method of calculating interest rate for fixed deposit?

Fixed deposit calculations can be done by both manual and automatic methods.Now let us figure out the fd calculation in both ways:
1.) Manual Calculation Technique: It is the conventional process to know your Fixed deposit interest calculation. The formula for manual fd calculation is used as below:

Where,A = Final Amount
P = Principal Amount (initial investment)
r = Annual Nominal Interest Rate (as a decimal, not in percentage)
n = Number of times the interest is compounded per year
t = Number of years

2.) Online Calculator Technique: Nowadays online FD calculator is very amazing technique and it is a very useful online tool that helps you to easily calculate your Fixed deposit return. Online FD calculators uses simple technique in which you need to put your amount, tenure, interest rate and can get accurate results instantly. You can easily calculate and compare the interest receivable by changing the deposit amount.
Mar 18, 2018 • Finance
1helpful
1answer

Whatis1.5 percent interest on$6,300.0o pr annum

depends on how often you pay off principle and how much dollars.
and how often you are charged interest.
fv=pv*(1+interest rate)^n n being the term of interest
so lets assume you pay zero off it and interest is calculated daily
fv=6300*(1+0.015/365)^365
interest = fv - pv
= 95.21 for one year without repayment
if you were to pay approx 25.15 a week you would pay this loan in 5 years time and pay approx $240 in total interest over five years
EXCLUDING future interest rate increases over the five years and excluding bank fees like account fees or account manage fee or setup a loan fee.
You could create a spreadsheet each day and calculate the interest as annual interest / 365 for the daily calculation
Then add the account fee onto the balance calc + any set up fee onto the start balance. by using =a$5 for the repayment on all rows as an example you can copy it down and the cell number will always be a$5
this way you can alter a5 and the repayment alters all the way down each week row.
or just download a template for excel
https://templates.office.com/en-us/Loan-amortization-schedule-TM10073881
0helpful
1answer

We are not obtaining the correct answer when computing the I/Y. The problem is N=30, PV=-500, PMT = 0, FV = 10000. We are getting 126.01

Since you didn't specify what result you were expecting, I can only guess at what you want.

The answer is correct assuming 12 periods per year. To have 500 increase to 10000 in 30 months, you need an annual interest rate of 126%. For a more realistic result, set the number of periods per year to one by pressing 1 SHIFT [P/YR] then repeat the calculation. This will produce 10.5% for the annual interest rate.

Alternatively, if the interest is compounded monthly, specify 360 for N. This will give a value closer to 10% annually, compounded monthly.
0helpful
2answers

FV $100 per month for 18 years at 5%

Using the calculator at http://www.ecentralcu.org/futurevalue-pp.html I get $35,065.70

Payments = $21,600 + $13,465.70 in interest.
0helpful
1answer

PV and FV problem, result not like in manual

You have the payments-per-year set to 12. For this pair of problems, it needs to be set to 1.
Press 2nd [P/Y] 1 ENTER.
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