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Nairaland Forum / WisdomEfe's Profile / WisdomEfe's Posts
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crowntoro: For each of the Tbills they quote the tenor in days (eg 90 days) and the discount rate per annum (e.g 14% per annum). So lets say you want to invest in Tbills for 90 days at 14% per year so that you will have N500,000.00 (facevalue) at the end of 90 days. The amount you will pay today (the discounted value) is N482,739.73. 500,000.00 - (500,000.00 × 14% × (90/365)) = 482,739.73 The interest (the discount amount) is the difference between the N500,000.00 you will get in 90 days and the N482,739.73 you paid for it today which is N17,260.27. 500,000.00 - 482,739.73 = 17,260.27 I hope this helps. 1 Like 1 Share |
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FrenchWay: Do you live in Niger state? Is it something you have done are you doing it now? isn't this chemical dangerous to humans or does it not affect the quality (remember killer beans)? |
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I dreamt that I was with a friend in his car driving somewhere, we saw 2 friends and stopped to talk with them. I and one of the friends argued about a part of the car. I noticed I was wearing a black, not so new black sandals. All of a sudden I noticed I noticed I was not wearing the sandals again and I was looking for it but did not find it. I noticed another new sandals belonging to another friend hidden in a bucket and took it and ran back to the car. When I looked at it they were new and brown with a crest. |
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FrenchWay: What about storage cost and the risk that they will get spoilt by pest, moisture etc. please answer 3 Likes |
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[qu7ote author=Monaco2 post=59159248]Person wey don already Dey slay nai u Dey call future slay queen ![]() I dey tell you 1 Like |
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Amen. He has vomited it already |
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I had a dream last night I was in a car with a former colleage driving. I think there was an accident in front and we almost fell into a river. He tried reversing, again we almost fell into the same river but some how we made it out of the car. In the process I made it out of the car but I noticed that my bag had fallen into the river (in an area that looked like it was fenced) and in the dream I started shouting my bag, my certificates, I can't swim and a woman that was there said you can't pick it up lets go. What does that mean. |
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