continue their studies for their preferred educational institution and to pursue their dream of becoming the person they envision to be in the near future. High tuition fees could also be considered as one of the main reasons why there are more youth who are out of school as of today. But the youth are not the only one who carries this heavy load‚ parents too‚ are more oppressed with this. Specially to the families with financial problems. They’d still have to double their time in working to earn
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Major Determinants of Interest Rates Inflation Inflation is a factor that decisively affects the nature or outcome of interest rates. “Inflation is an increase in prices of goods and services over time”(Financial Institutions‚ Instruments and Markets‚ 2012). Inflation is the natural byproduct of a robust‚ growing economy. No inflation‚ or deflation (the lowering of prices)‚ is actually a much worse economic indicator. Also‚ in a healthy economy‚ wages rise at the same rate as prices. A standard
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1. Describe the path of interest rates in Canada since WWII and specifically the past 2 decades. Over the past several decades the path of the interest rates were able to be recorded and charted. Strictly after World War II‚ interest rates seemed to drop for a bit‚ speculated that after the hype of the Second World War‚ there was not enough jobs for the returning soldiers‚ causing a recession. When the 50s arrived‚ the Government began to invest more into national security. This spending concerned
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1. The value in considering “The other’” position can come in many forms. While dealing in our every day social interactions‚ Opinions are formed in relation to our compassion‚ worldliness‚ and understanding. These opinions typically shape how we all view each other. If we truly want to have an objective point of view‚ appear compassionate‚ and portray ourselves in a passionate light then we must always consider “the others.” Additionally‚ if we truly wish to be successful we must understand the
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Part I – 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 from January until August. Figure 1. BI rate (Percent per Annum) Source : Indonesian Financial Statistics‚ Bank of Indonesia‚ http://www.bi.go.id/web/en/Statistik/Statistik+
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What is the rule of 72? Well… here’s the equation: Years to double = 72 / Interest rate DO NOT reread this equation. The rule of 72 is a hard rule to explain. I will do my best to try to explain it. The answer to ‘rule of 72’ gives us a number of years. This number of years tells us how long it takes to double our money. Let’s say you have 100 dollar. The ‘rule of 72’ helps us figure out how long it will take to have 200 dollars. Scenario 1: You have invested your 100 dollars in a 3%
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Bank of Canada and Interest Rates Bank of Canada Will Raise Interest Rates The Bank of Canada has indicated that it has concerns over inflation being too low. (Parkinson). However‚ inflation has been rising and the Canadian economy has strengthened over the last several months. Keeping interest rates too low over a long period of time may have a tendency to over-inflate the economy and create asset bubbles while also creating pockets of greater debt‚ not dissimilar to those that contributed to
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Symposium and the 2008 Korean Accounting Association Annual Conference. Special thanks go to Dan Simunic (the editor)‚ Michael Stein (the discussant at the Joint Symposium)‚ and two anonymous referees for their constructive comments and suggestions which lead to a sunstantial improvement of the paper. Jong-Hag Choi gratefully acknowledges financial support from Samil PWC Research Fellowship. Jeong-Bon Kim acknowledges partial financial support for this research from the Social Sciences and Humanities
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1) A $100 deposit today that earns an annual interest rate of 10% is worth how much at the end of two years? Assume all interest received at the end of the first year is reinvested the second year. 2) An investment of $100 today is worth $116.64 at the end of two years if it earns an annual interest rate of 8%. How much interest is earned in the first year and how much in the second year of this investment? 3) Which of the following investments has a larger future value? A $100 investment
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Impact of interest rate on Market Interest rate is one of the most prominent macroeconomic factors among many other macroeconomic factors. It has direct impact not only on our market but also on other macro economic factors like inflation‚ money supply and investment. Government uses this powerful tool to control money supply‚ inflation‚ recession‚ employment and also investment pattern. Over all‚ we can say that through interest rate government controls the economic phases of a country. Now in
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