Stats: 3,180,484 members, 7,911,138 topics. Date: Monday, 05 August 2024 at 05:18 AM |
Nairaland Forum / Xxleoxx's Profile / Xxleoxx's Posts
(1) (of 1 pages)
![]() |
OROZ:hi, plz i need golf4 or mazda323 2000model with range of 200000-250000 |
![]() |
[quote author=Magnifico2000 post=80235129] If I get you correctly, u invested #170,000 in tbills. From the calculation of the tenor. It seems the tenor is supposed to be for 102 days. So it means ur initial interest before termination would be 11% × #170,000 ×102/365days = #5,225.75 #5225.75 is supposed to be your upfront interest or #175,225.75 at maturity when the interest is not paid upfront. Now considering the number of days left on the tenor would be vital in calculating your profit or loss when it is terminated before maturity. So let's assume you are terminating it on the 15/07/2019. It means u would have used 35 days. So the recalculated interest will be 11% × #170,000 × 35/365 days = #1793.15 Remember that you still have about 67 days left. Now you would have to calculate the remaining 67 days with 10% interest which is 10% × #170,000 ×67/365 = #3,120.55. thanks alot. |
![]() |
. |
![]() |
Bravedude112: plz man i bought tbills worth #170,000 on 10/5/2019 (11%) and it's surpose to mature by 22/8/2019 but i want to terminate it as soon as possible plz from ur experience lets assume it's being sold for 10% can u guess how much i would likely get back? |
![]() |
Na True |
(1) (of 1 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |