Understanding APR

first_img 155SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Derek San Filippo Derek is a freelance writer who spends his off time either working with his rescue animals or writing children’s books. He lives in San Diego with his beautiful wife … Web: www.financialfeed.com Details According to the Financial Industry Regulatory Authority, 65% of Americans lack financial literacy. With this in mind, let’s look at a common financial phrase that you’ve heard if you’ve ever borrowed money before, be it credit cards or student loans.The APR (Annual Percentage Rate) refers to the actual cost of borrowing money, which includes the interest rate,closing costs,broker fees, etc. The important point here is that the actual interest rate can be, in many cases, be only one component of the APR calculation. APR was adopted as a standard so that consumers shopping for loans can really compare apples to apples.For example, suppose you’re considering two options for a $10,000, one year personal loan. One charges 12% and no application fee. The other charges 10%, but also a $250 application fee. Which is the better deal? In other words, which loan will cost you fewer total dollars?Whether the loan fee is paid up front or withheld from your loan proceeds also affects the APR. For this example, we’ll assume the loan fee is paid up front.Based on these parameters, the loan that charges “only” 10%, but adds a $250 loan fee, carries an APR of 14.813%. However, since there are no fees associated with the other loan, the interest rate and the APR are the same – 12%. In short, the loan with the higher interest rate is the better deal in this instance.The lesson here is that when you’re shopping for a loan, don’t be fooled by an interest rate that looks too good to be true. It often is. All lenders are required to disclose the APR on any loan they make, so always use APR as your point of comparison. Otherwise, you may find yourself paying way more for credit than you realized.last_img read more

Students over-estimate late pregnancies – study

first_imgOneNews 23 October 2014University students in New Zealand don’t realise how much fertility declines in women as they age and over-estimate the success of fertility treatments such as IVF, a new study shows.The study by University of Auckland fifth-year medical student Nathanael Lucas questioned 683 University of Auckland students about their knowledge and expectations around fertility.The questions were based on an Israeli study in 2011 that looked at ‘the fertility myth’ and Israeli students’ knowledge about age-related fertility decline and late pregnancies.Although New Zealand students correctly identified that fertility declines with age, they over-estimated the rates of pregnancy for both spontaneous and IVF pregnancies.The study also showed that while students were aware of some of the fertility treatments available, they over-estimated their effectiveness.University students are the most likely group to postpone parenthood, yet several international studies have shown that they over-estimate their fertility.http://tvnz.co.nz/national-news/students-over-estimate-late-pregnancies-study-6114350last_img read more

French Open Halep, Wawrinka, Cornet, and Wozniacki through

first_imgROMANIAN third seed Simona Halep sealed her place in the French Open tennis fourth round with a 6-0 7-5 win over Russia’s Daria Kasatkina.Halep, 25, is viewed as one of the favourites after winning the Madrid Open and reaching the Rome Open final.Ninth seed Agnieszka Radwanska of Poland was stunned 6-2 6-1 by French world number 43 Alize Cornet.In the men’s draw, Swiss third seed Stan Wawrinka beat Fabio Fognini 7-6 (7-2) 6-0 6-2 to reach the last 16. Halep initially threatened to cruise past Kasatkina as she won the opening set in 30 minutes, only for the 20-year-old Russian to fight back in the second.Trailing 3-1, Kasatkina won the next four games to move 5-3 ahead before Halep regained control to progress on her fourth match point.“I played really well at the beginning,” Halep said.“She was coming back really strongly and I think my energy went a bit down. She’s a really tough opponent.”Carla Suarez Navarro, the Spanish 21st seed, set up a meeting with Halep with a 6-4 6-4 win over 14th seed Elena Vesnina of Russia.Former Wimbledon finalist Radwanska, 28, failed to win any of her seven service games as Cornet ensured there will be a French woman in the quarter-finals for the first time since Marion Bartoli in 2011.Cornet, 27, meets compatriot Caroline Garcia for a place in the last eight.Garcia needed more than two and a half hours to win 6-4 4-6 9-7 against Taiwanese Hsieh Su-wei, who beat British number one Johanna Konta in the first round.Former world number one Caroline Wozniacki resumed her match against 18-year-old American Catherine Bellis after rain stopped play on Friday night, the Dane going to complete a 6-2 2-6 6-3 win.Wawrinka, 32, is yet to drop a set at Roland Garros this year as he looks to emulate his 2015 triumph.The Swiss third seed looked in danger of doing that in the opening set against Fognini, but the Italian 28th seed failed to serve out and then lost a one-sided tie-break.Fognini, 30, had won two of his three matches against top-five opponents this year, beating then fourth-ranked Kei Nishikori in Miami and world number one Andy Murray in Rome.But he capitulated after losing the first set to Wawrinka, failing to take a game in the second as he served up five double faults and produced several wayward forehands.Fognini saved two match points at 5-2 in the third, before the Swiss fired down an unreturnable serve on the third.“It was a very good first set and I was a bit hesitant, but after that I relaxed,” Wawrinka said.“I am playing very well at the moment but we all know how that can go in a Grand Slam. Each game gets more difficult.”Croatian seventh seed Marin Cilic eased to a 6-1 6-3 6-3 victory over Spain’s Feliciano Lopez.(BBC Sport)last_img read more

Syracuse to play at Minnesota in ACC/Big Ten Women’s Basketball Challenge

first_img Published on June 11, 2018 at 1:01 pm Contact Billy: [email protected] | @Wheyen3 Facebook Twitter Google+ Syracuse will meet Minnesota for the first time in the programs’ histories on Nov. 29 in the ACC/Big Ten Women’s Basketball Challenge, SU Athletics announced in a release. The Orange will travel and play in Minneapolis for the game between two 2017 NCAA Tournament teams.The Orange has not won on the road in its two prior ACC/Big Ten Challenge games, while it has won all three of the contests it has played at home. Most recently, Syracuse beat Northwestern in 2017 behind 55 combined points from Tiana Mangakahia and Miranda Drummond.Minnesota is 4-7 in its history in the ACC/Big Ten Challenge. In 2017, the Golden Gophers were 78-68 victors over a Boston College team that finished 7-23.Last season, Syracuse and Minnesota both made it to the NCAA Tournament. The Orange was knocked off in the first round by Oklahoma State, while the Golden Gophers beat Green Bay before falling to Oregon in the second round.The Golden Gophers return three of their top four scorers, including do-it-all guard Kenisha Bell, who averaged 20.0 points, 6.8 assists, 5.4 rebounds and 2.6 steals per game in the 2017-18 season. Minnesota will be under the tutelage of former Golden Gophers and current Minnesota Lynx star, Lindsay Whalen, who returns to her alma mater as a first-time head coach.AdvertisementThis is placeholder textSyracuse brings back its top seven scorers from a season ago, including the country’s assists leader, Mangakahia. The Orange and head coach Quentin Hillsman also bring in what ESPN ranked as the No. 8 recruiting class in the nation. Commentslast_img read more


first_imgDonegal Town based Insurance Broker; Britton Insurance has full-time commercial business and personal line positions available.Open more than 40 years, Britton Insurance now has 50 employees and specialises in competitive car, van, home, business and farm insurance.The new candidates must have a CIP qualification or working towards a CIP accreditation or be grandfathered (other financial qualifications will be considered). No other applicants will be contacted. The successful applicants will:Be fully CPD compliantBe a self-motivated individualHave Strong Organisational Skills Have excellent communication and telephone skillsONLY the above candidates will be consideredLocation – Britton Insurance, Crennan House, Tirconaill Street, Donegal TownWage- Depending on experienceTerms- PermanentApply by – May 25th 2016 Application to: [email protected] with subject line depending on application – so either Commercial Business or Personal Lines Executive whichever you are experienced in.These appointments require applicants willing to work within a thriving busy environment.With over 40 years in the industry, Britton Insurance prides itself on its service and is looking for staff with the same ethos.Pat Britton & Co Ltd t/a Britton Insurance is regulated by the Central Bank of Ireland JOB VACANCIES: LEADING DONEGAL INSURANCE COMPANY REQUIRE COMMERCIAL BUSINESS AND PERSONAL LINES EXECUTIVES was last modified: May 17th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Britton Insurancedonegaljobslast_img read more