Suppose Your Bank Account Will Be Worth 15 000 00 In One Year The Interest Rate Discount Rate That The Bank Pays Is 7 What Is The Present Value Of Your Bank Account Today What Would The Pres Essays and Term Papers

  • What Is the Need of Bank Account?

    will require you to have a bank account, because the information will be necessary on an application for a loan or mortgage. Lenders and other creditors may not have a lot of faith in your financial abilities if you are not keeping even a basic checking or savings account. Check cashing: You may have...

    559 Words | 2 Pages

  • What Are Bank Rates?

    What is Bank rate? Bank Rate is the rate at which central bank of the country (in India it is RBI) allows finance to commercial banks. Bank Rate is a tool, which central bank uses for short-term purposes. Any upward revision in Bank Rate by central bank is an indication that banks should also increase...

    1056 Words | 3 Pages

  • Impact of Interest Rate on Bank

    Kotak Mahindra Bank From Wikipedia, the free encyclopedia Jump to: navigation, search Kotak Mahindra Bank | | Type | Private | Traded as | BSE: 500247 NSE: KOTAKBANK | Industry | Banking | Founded | 1985 (as Kotak Mahindra Finance Ltd) | Headquarters | Kotak Mahindra Bank Ltd., Nariman...

    647 Words | 3 Pages

  • Interest Rates by Commercial Banks

    PROCEDURE 4 TERM OF REFERENCE 6 FINDINGS 7 CONCLUSIONS 10 RECOMMENDATIONS 10 REFERENCES 11 APPENDIX 12 INTRODUCTION We carried out this investigative report because as a group we realised that most people are generally unaware about interest rates and the possible adverse effects it has on...

    2470 Words | 11 Pages

  • Interest Rate Risk and Bank Merge

    rJournal of Banking & Finance 23 (1999) 255±285 Interest-rate exposure and bank mergers Benjamin Esty a b a,* , Bhanu Narasimhan b, Peter Tufano c Harvard Business School, Morgan Hall 481, Boston, MA 02163, USA Marakon Associates, 2831 Malabar Ave., Santa Clara, CA 95051, USA c Harvard...

    6349 Words | 18 Pages

  • Interest Rate Risk Management at Bank

    INTEREST RATE RISK The acceptance and management of financial risk is inherent to the business of banking and banks’ roles as financial intermediaries. To meet the demands of their customers and communities and to execute business strategies, banks make loans, purchase securities, and take deposits...

    12194 Words | 44 Pages

  • Relation Between Bi Rate and Banks Interest Rate

    Relation between BI rate and banks interest rate A. BI rate We take the BI rate, as the variable being estimated, from the period of 2006 until 2012. We then take the average rate in each year, rather than taking the rate in each month. As a note to the year 2012, we take the average rate that ranges only...

    2040 Words | 8 Pages

  • low interest rate and the Deutsche Bank

    protracted low interest rate on Date24-10-2014 Course 4.1 Advanced Finance, Banking & Insurance LecturerProf. Dr. D. Schoenmaker & Dr. P.J. Wierts Management SummaryThe lowering of the interest rates by the ECB is meant to achieve and maintain the desired inflation rate of 2%. This is...

    9229 Words | 16 Pages

  • Bank Accounts

    no special legislation to regulate banking companies but since that year the provisions of Banking Regulation Act and Companies Act, 1956 applies to corporation entities carrying on banking business including the nationalized banks. Section 6 of the Act lay down that in addition to the usual business...

    326 Words | 1 Pages

  • Bank Accounts

    about 7 years old I would always ask my parents for money. But I could never figure out how to go by saving my money. I would try so hard to not spend it on candy or ice cream but that would never work. I would always hear my parents talk about going to the bank to make a deposit. I never would ask them...

    1043 Words | 3 Pages

  • Bank Rate

    t is Bank rate?   Bank Rate is the rate at which central bank of the country  (in India it is RBI)  allows finance to commercial banks.Bank Rate is a tool, which central bank  uses for short-term purposes. Any upward revision in Bank Rate by central bank is an indication that banks should also increase deposit...

    2541 Words | 7 Pages

  • Bank Rates

    ABSTRACT In the recent past, the thrust of the monetary policy of India was on reducing the annual inflation rate. During the year 2009 to 2011, the inflation in India has crossed historical records and reached to unprecedented levels, and lying in the range of 9 – 14 %. The monetary authorities...

    2919 Words | 10 Pages

  • Gc Services from Garnishing Your Wages and Bank Account

    to / not willing to pay the debt you owe. The creditor has ever right to sue you by filing a case against you in the court. If the judgment comes against you, then Creditor may request the court to pass a writ of garnishment against you to get the money back from my bank account and wages. The papers...

    456 Words | 2 Pages

  • An Analysis of Commercial Bank Exposure to Interest Rate Risk

    An Analysis of Commercial Bank Exposure to Interest Rate Risk David M. Wright and James V. Houpt, of the Board’s Division of Banking Supervision and Regulation, prepared this article. Leeto Tlou and Jonathan Hacker provided assistance. Banks earn returns to shareholders by accepting and managing risk...

    10043 Words | 37 Pages

  • Interest Rate Sensitivity of Bank Stock Returns:

    Interest Rate Sensitivity of Bank Stock Returns: Re-examination since Basel Accords Adam J. Fagan University of Alaska Anchorage E-mail: asajf8@uaa.alaska.edu Suresh C. Srivastava University of Alaska Anchorage 3211 Providence Drive, Anchorage, AK 99508 E-mail: afscs@uaa.alaska.edu Edward...

    2241 Words | 8 Pages

  • Interest Rates on Domestic Deposit of Axis bank

    INTEREST RATES ON DOMESTIC DEPOSITS* DEPOSITS – LESS THAN 5 CRORES SR.NO. W.E.F. 01/11/2013** PERIOD INTEREST RATES (% P.A.) INTEREST RATE ON DEPOSITS BELOW RS. 15 LAKHS INTEREST RATES ON DEPOSITS OF RS. 15 LAKHS < RS..50 LAKHS INTEREST RATES ON DEPOSITS OF RS. 50 LAKHS ...

    420 Words | 3 Pages

  • What Is Bank

    What is bank? Finance is the life blood of trade, commerce and industry.   Now -a-days, banking sector acts as the backbone of modern business.   The term bank is derived from the French word Banco which means a Bench or Money exchange table.   In olden   days, European money lenders or money   changers...

    3558 Words | 11 Pages

  • Business Bank Account

    extra bank account will cost more in fees. So how should a new business deal with its money? Why Have a Business Account? Having a separate account for your business and personal finances makes accounting much simpler. Your business records will (hopefully!) tally exactly with the bank records...

    705 Words | 3 Pages

  • Bank Accounts and Types

    BANK ACCOUNT: A bank account is a financial account which tells you details or records of all the financial transactions that occurs between bank and the customer and also the financial state of the customer after that. There is a process of opening an account which is as follow: 1. The Type of...

    2568 Words | 12 Pages

  • What Is Bank?

    What is a Bank? A bank is an institution which collects money from the public in the form of deposits and lends the same to the borrowers. When a bank accepts deposits, it purchases money at a certain rate of interest. When it lends money, it sells money at a higher rate of interest. ...

    1832 Words | 12 Pages