Should you invest in a particular stock? You can use the Gordon Model to determine the current and potential future returns for a particular stock based on previous dividends. This article will show you how!
If you’re one of the rare financially-minded breeds, you likely keep an obsessively watchful eye on your finances. In terms of a monthly car or house payment that means not being content knowing only your monthly payment and term length, but also how to calculate those figures yourself.
When you make a series of monthly payments to pay back a car or home loan, a portion of the payment goes to interest and a portion pays down the principal balance.
Imagine this scenario: You embark on the search for your ideal car or home. Upon finding it, you excitedly go through negotiations and financing only to discover the monthly payments are well beyond your reach.
Traditional bonds offer simple-interest coupon payments over the course of a defined maturity period. When the bond finally matures, the bond’s par value is paid along with the last coupon payment.
An Explanation of Benefits or EOB is a document you’ll receive from your health insurance provider after processing a claim on your behalf. It is not a bill. Here we’ll walk you through a sample EOB.