Recent content by Richkid

Yeah! That's right. The formula is FV=PV(1+i)^n In your case the interest of 0.0521 is compounded daily. Therefore i=0.0521/365 which is 0.000143. Make sure the 'n' value is 20. So in your case: FV=PV(1+0.000143)^20 If your present value was $10,000 for example. After twenty days it...

If oil got to $500brl, an often overlooked concept is whether the government would regulate and take control of the oil industry. Much to the same extent as we’re seeing now with countries such as India domestically controlling grain, to facilitate their future needs. Most of Australia’s oil...

The current problem with an excessive increase in interest rates is that it prevents some investors from entering the market, and pushes struggling home owners out of ownership. When you get less investors investing in property, and previous home owners now renting, you get the basic supply and...