Simple versus compound interest

June 30, 2024 No Comments

A: When analyzing the terms of a loan, it is important to consider more than the interest rate. Two loans can have identical principal amounts, interest rates and repayment lengths but significant differences in the amount of interest you pay, especially if one loan uses

Simple versus compound interest

July 7, 2024 No Comments

The Difference Between Term Deposit and Demand Deposit

June 30, 2024 No Comments

A: Demand deposits and term deposits refer to two different types of deposit accounts available at a bank or similar financial institution, such as a credit union. Demand deposits and term deposits differ in terms of accessibility or liquidity, and in the amount of interest

The Difference Between Term Deposit and Demand Deposit

July 7, 2024 No Comments

The life of a stockbroker: a typical day

June 30, 2024 No Comments

A: One of the great attractions for many that become stockbrokers, more commonly known as investment advisors, is that there is no such thing as a typical day. In fact, being a stockbroker is essentially the same as being a small business owner. You decide when,

The life of a stockbroker: a typical day

July 7, 2024 No Comments

These famous scandals demonstrate the agency problem

June 30, 2024 No Comments

A: The agency problem occurs when agents do not appropriately represent the best interests of principals. Principals hire agents to represent their interests and act on their behalf. Agents are frequently hired to allow businesses to obtain new skill sets that the principals lack or

These famous scandals demonstrate the agency problem

July 7, 2024 No Comments

Understanding the Five Cs of Credit?

June 30, 2024 No Comments

A: Financial institutions attempt to mitigate the risk of lending to borrowers by performing a credit analysis on individuals and businesses applying for a new credit account or loan. This process is based on a review of a five key factors that predict the probability

Understanding the Five Cs of Credit?

July 7, 2024 No Comments

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