One of my favorite lenses for close up type portraits is the canon 50mm 1. The 1. That may be something to look into down the road if you dont already have it. It doesnt zoom so its 50mm but decent for the price. However from my own observation. Which my next 3x cli is in 2 weeks. Skip Navigation. Forum Topics. Sign In Help. Turn on suggestions.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Showing results for. Search instead for. Did you mean:. How does AMEX determine min payment? Established Contributor. So I just bought a camera from best buy! Absolutely love it! Purchased it cause I'm going on a cruise soon and wanted to be able to capture the trip. What will the min payment be each month? Or how is that determined? Message 1 of 9. All forum topics Previous Topic Next Topic.
Moderator Emeritus. Chevyguy wrote: So I just bought a camera from best buy! Message 2 of 9. Frequent Contributor. So if I hava a balance on the card I can expect at least a 35 min payment unless I owe less than the 35 What kind of camera did you get? Daily driver card: whatever works at the time. Message 3 of 9. I went with the smallest dslr. I got the canon sl1.
I used to have a Nikon D but it was too big. I love this camera cheaper and more lightweight. Interest rates go by many names, including borrowing rate, lending rate, mortgage rate, and lease rate. But whatever the name, interest accumulates based on the stated interest rate of a loan or on the annual percentage rate APR of a credit card. By law, the interest rate must be disclosed to consumers when the lending relationship begins.
While interest rates usually are stated on an annual basis called the nominal interest rate , they are often calculated at different frequencies depending on the terms of the loan. The different frequencies of Interest accrual tend to make real-world interest rate calculations more complicated.
Some common frequencies:. For example, a 12 percent nominal interest rate translates to a 1 percent monthly periodic interest rate or a 0. There are two main methods of calculating interest charges—simple and compound—and they can result in significant differences in interest costs. Compounding is the most frequent method by which interest is calculated for mortgages, credit cards, and small business loans.
The nominal interest rate in either the simple or compound calculations can be fixed or variable. Variable interest rates can further complicate interest rate calculations.
Here are some key differences that distinguish the two: Fixed Interest Rates. Credit card interest calculations are among the most complicated—they involve everything discussed thus far. The credit card APR interest rate is stated on an annual basis, but interest is calculated daily using either the exact DPR days or the ordinary DPR days , depending on the card issuer.
The issuer charges the interest to you on a monthly basis, taking into account the number of days in each month. The APR is usually a variable interest rate that fluctuates based on the prime rate as well as other factors, most notably your creditworthiness and your payment history.
Each time you make a purchase, return, or payment, your outstanding principal changes. This moving outstanding principal goes into the average daily balance ADB calculation. The formula for calculating monthly credit card interest looks like this:. Many online calculators can help you estimate the interest charges for credit cards.
For most credit card members, if you pay your full balance each month you can avoid credit card interest payments entirely. But if you pay anything less, such as the minimum payment, you will incur interest on those balances again and also on any previously charged interest. Of course, none of this applies during introductory period of a 0 percent APR credit card. Most American household budgets rely on credit.
Understanding interest rates and how they are calculated is one important step in evaluating your financing choices. Kristina Russo is a CPA and MBA with over 20 years of business experience in firms of all sizes and across several industries, including media and publishing, entertainment, retail, and manufacturing.
All Credit Intel content is written by freelance authors and commissioned and paid for by American Express. The material made available for you on this website, Credit Intel , is for informational purposes only and is not intended to provide legal, tax or financial advice.
0コメント