How do I calculate yearly deposit amounts based on total certificate of deposit amount?

Answer Figuring the DepositAdd 1 to the interest rate per month, then raise the number to the power of the number of times the CD compounds. This is the interest factor. Divide the total amount of the CD ... Read More »

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Why didn't my bank credit my deposit How long does a deposit from Nigeria take?

Yeah, go ahead and send me that account number... I'll look into it for you.PS: Oh yeah, I'll need the routing number, your zip code, and the last 4 digits of your social as well.Edit: Thanks, Mike... Read More »

What is a 30- to 60-day certificate of deposit?

A certificate of deposit is an account where the borrower, typically a bank, pays you a higher than market rate in exchange for your agreeing to leave your money with them for a set period of time.... Read More »

What Is a lockbox deposit?

A lockbox deposit is a service offered to companies by banks. Businesses that receive numerous payments from customers by mail that go to a post office box, such as cable TV franchises, allow the b... Read More »

What is the maximum deposit for a SEP IRA?

The maximum contribution to an SEP IRA equals the smaller of 25 percent of the employee's wages or then-annual contribution limit, which changes each year. As of 2010, the limit is $49,000.Referenc... Read More »