2 thoughts on “Ask the master to help do a question about loan interest rates”
William
Continuous compound interest and annual compound interest conversion formula: r1 = mln (1 R2/m), R1 is continuous compound profit, R2 is annual compound profit. Gold's loan interest rate R = 2% storage cost R2, convert 0.5%continuous compound interest to annual compound interest R2 = m [e (0.5%/m) -1] Note: (0.5%/m) is to E index. shows that the size of R is related to M, and the larger the R. You can find the M0 of the M value of R = 11%(assuming M0). When m> M0, the interest rate of cash loan is low, and the interest rate of gold loan is low. The computing you can use your computer to calculate it.
This problem must be taken into account the changes in gold prices. If the change of gold price is not considered, it should be a high cash interest rate, because gold can also be regarded as a currency (can be converted into equivalent currencies). Regardless of changes in the price of gold, the interest rate of gold is low.
Continuous compound interest and annual compound interest conversion formula:
r1 = mln (1 R2/m), R1 is continuous compound profit, R2 is annual compound profit.
Gold's loan interest rate R = 2% storage cost R2, convert 0.5%continuous compound interest to annual compound interest R2 = m [e (0.5%/m) -1] Note: (0.5%/m) is to E index.
shows that the size of R is related to M, and the larger the R. You can find the M0 of the M value of R = 11%(assuming M0). When m> M0, the interest rate of cash loan is low, and the interest rate of gold loan is low.
The computing you can use your computer to calculate it.
This problem must be taken into account the changes in gold prices. If the change of gold price is not considered, it should be a high cash interest rate, because gold can also be regarded as a currency (can be converted into equivalent currencies). Regardless of changes in the price of gold, the interest rate of gold is low.