Pwede ko patambag about aning Perpetuity?
Results 1 to 4 of 4

Pwede ko patambag about aning Perpetuity?

This is a discussion on Pwede ko patambag about aning Perpetuity? within the Business, Finance & Economics Discussions forums, part of the Commerce category;

  1. #1
    Junior Member
    Join Date
    Jun 2012
    Gender
    Female
    Posts
    120

    Default Pwede ko patambag about aning Perpetuity?


    HI istoryans! Pwede ko patambag about aning Perpetuity?

    what is the AveragE perpetuity interest in most banks in the philippines? Is there a world standard?

    I am referring to this formula from wikipedia.


    Is perpetuity the same as time deposit? OR timeLESS deposit?


  2. #2
    Junior Member
    Join Date
    Jun 2012
    Gender
    Female
    Posts
    120
    by month ba ang interest ani. or by year?

  3. #3
    Elite Member spartan301's Avatar
    Join Date
    May 2007
    Posts
    1,174
    Quote Originally Posted by jessica_jung34 View Post
    HI istoryans! Pwede ko patambag about aning Perpetuity?

    what is the AveragE perpetuity interest in most banks in the philippines? Is there a world standard?

    I am referring to this formula from wikipedia.


    Is perpetuity the same as time deposit? OR timeLESS deposit?

    No such thing as world standard interest rate...

    For philippines bank settings:

    Savings n checking int. rates are computed d same as wid any other banks
    -average daily balance x int. rate x no. Of days/360 - tax

    For auto n housing loan
    -dont know d formula but not based on perpetuity.. Youll notice monthly amortizations for these personal loans are the same thru-out the entire term of the loan... So basically, there are months wherein if interest is high, then principal is low and vice versa...

    Or business loans
    -amount of promissory note x rate x no. Of days/ 360.. However, take note if collected in arrears or advance.. If in arrears then the rate theyre chargin is the real rate... If in advance, basically it costs more than the said rate...

    Financing companies charge add-on rates... Not all thou...

    Interest rate computations vary from 1 product to another, even in 1 company..

  4. #4
    C.I.A. cebu.opportunities's Avatar
    Join Date
    Apr 2012
    Gender
    Female
    Posts
    2,601
    Blog Entries
    2
    Quote Originally Posted by spartan301 View Post
    No such thing as world standard interest rate...

    For philippines bank settings:

    Savings n checking int. rates are computed d same as wid any other banks
    -average daily balance x int. rate x no. Of days/360 - tax

    For auto n housing loan
    -dont know d formula but not based on perpetuity.. Youll notice monthly amortizations for these personal loans are the same thru-out the entire term of the loan... So basically, there are months wherein if interest is high, then principal is low and vice versa...

    Or business loans
    -amount of promissory note x rate x no. Of days/ 360.. However, take note if collected in arrears or advance.. If in arrears then the rate theyre chargin is the real rate... If in advance, basically it costs more than the said rate...

    Financing companies charge add-on rates... Not all thou...

    Interest rate computations vary from 1 product to another, even in 1 company..
    savings and checking interest rates
    - 20% withholding tax for php

    naa ko question bout sa auto and housing loan
    - yes, monthly amortization is the same throughout the entire term of the loan or within the number of years of interest rate fixing but:
    1. when you pay in advance, everything will be recalculated since the advance payment will lessen the principal amount. in this case, monthly amortization will be adjusted pero standard ba na siya na the up-to-date principal amount be recomputed then i-stretch throughout the loan term?

    2. when you have designated a certain number of years for interest rate fixing, the monthly amortization will be the same throughout that number of years fixing then readjusted again according to the interest rate during the last year of the number of years fixing. fix napud siya within that term and adjusted again when the fixing term ends so on and so forth until the loan term ends

Similar Threads

 
  1. Ask lng ko about aning Class A
    By jkramz in forum Android Devices
    Replies: 2
    Last Post: 04-30-2013, 12:29 PM
  2. Ask lang ko about aning 3g
    By pilgreg in forum Networking & Internet
    Replies: 13
    Last Post: 02-25-2011, 09:51 PM
  3. Replies: 13
    Last Post: 01-01-2010, 08:15 PM
  4. pwede ko mo ask ???
    By arjay_cutie in forum Destinations
    Replies: 1
    Last Post: 04-28-2006, 05:00 PM
  5. Replies: 5
    Last Post: 04-19-2006, 02:58 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
about us
iSTORYA.NET is Cebu's Biggest, Southern Philippines' Most Active, and the Philippines' Strongest Online Community!
follow us
#top