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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly interest payment?
Last edited by Ringman; 01/06/23. Reason: Wrong word
"Only Christ is the fullness of God's revelation."
Everyday Hunter
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Campfire 'Bwana
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? Approximately 1/4 of the annual dividend.
A wise man is frequently humbled.
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Campfire 'Bwana
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Dumbazz engineer here. We need mathman...
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Campfire Tracker
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Yours in Liberty,
BL
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is this home work?
Last edited by persiandog; 01/05/23.
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Campfire Ranger
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? My simple take just sitting here thinking. Is that interest % calced monthly or annually? Use that factor, and if the 100k is going in on the first day of each month and you do not withdraw any of it - the yield at the end of month one will be % on 100k. At the end of month two, yield will be % on 200k plus the interest accrued in month one, and the yield at the end of month three will be % on 300k plus the interest accrued in months one and two. Add the three yields for dividend. What did I miss?
NRA Member - Life, Benefactor, Patron
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Campfire Ranger
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? Approximately 1/4 of the annual dividend. Each dividend will be larger than it previously was, so NO.
"Only Christ is the fullness of God's revelation."
Everyday Hunter
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Campfire Ranger
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? My simple take just sitting here thinking. Is that interest % calced monthly or annually? Use that factor, and if the 100k is going in on the first day of each month and you do not withdraw any of it - the yield at the end of month one will be % on 100k. At the end of month two, yield will be % on 200k plus the interest accrued in month one, and the yield at the end of month three will be % on 300k plus the interest accrued in months one and two. Add the three yields for dividend. What did I miss? Sounds good. What's the dividend amount?
"Only Christ is the fullness of God's revelation."
Everyday Hunter
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Campfire Outfitter
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Monthly payment is defined.
Interest is partly defined.
Dividend is undefined.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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Campfire Ranger
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This is like air guitar for accountants.
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Campfire Ranger
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0.01875 X quarterly balance
1Minute
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Campfire Oracle
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Who knew ringman had $100,000?
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Campfire Kahuna
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Who knew ringman had $100,000? Who knows he does?
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Campfire Regular
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? The real question is, where are you getting 7.5% interest?
Ed
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Dividends re-invested or not?
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? I'm not trying to be argumentative or condescending; but, I believe you've just used the word "dividend" where you're actually looking for or intend something else. At the most rudimentary, dividends are the distribution of profits or surplus to shareholders/stockholders of specific stocks and are determined, on a per share basis, based on exactly what the profit/surplus is.
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This is like air guitar for accountants. You win the internet for today, that's some funny stuff!!!
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Campfire 'Bwana
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With a monthly payment into my account of $100,000, at 7.5% interest what would the quarterly dividend be? Approximately 1/4 of the annual dividend. Each dividend will be larger than it previously was, so NO. You know what "approximately " means, right?
A wise man is frequently humbled.
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According to my “confusing post” decoder ring.
If you’ve got a $100,000 balance in an interest bearing account that yields 7.5% APY, you will receive a quarterly interest payment of $1875 (assuming it’s compounded yearly). If compounded daily or monthly, a little more.
Last edited by Stammster; 01/06/23.
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Campfire Regular
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If you can put $100,000 into an account on a monthly basis, you got some change to spare. That's $1.2 Million a year. I'd be more concerned about a tax shelter at that point.
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