贵金属投资技术分析英文版 (7)(精品·公开课件).pptVIP

Saving is putting away money for future use. Investing is using savings to earn more money for future financial security. Saving influences the economy by making more money available to be used by individuals, businesses, and the government. When the borrowed money is spent, the demand for goods and services is increased, which creates more jobs and spending for workers. * * Main goals of savers and investors include making available immediate income and long-term growth. Growth of savings is interest earned when others borrow your money. Simple interest is the amount of money paid to saver on amount deposited for a period of time. Compound interest is the amount of money paid to saver on money deposited and interest previously earned for a period of time. The more times that interest is compounded the more growth of savings. Simple interest is calculated by using the formula (P=Principal, R=Rate, T=Time and I=Interest Rate) I=P * R * T. Compound interest is calculated by using the formula (A=Amount, P=Principal amount/the initial amount you borrow or deposit, r=Annual rate of interest and n=Number of times interest is compounded) A=P(1+r/n)nt. The more times that interest is compounded the more growth of savings. Simple interest is calculated by using the formula (P=Principal, R=Rate, T=Time and I=Interest Rate) I=P * R * T. Compound interest is calculated by using the formula (A=Amount, P=Principal amount/the initial amount you borrow or deposit, r=Annual rate of interest and n=Number of times interest is compounded) A=P(1+r/n)nt. * * * * A savings account usually allows low or zero balance, deposit or withdrawals anytime and interest to be earned. Usually withdrawals are allowed without penalties. Certificates of deposits (CDs) requires a minimum deposit, money to remain deposited for a period of time without penalties. Penalties may be assessed if money is withdrawn before specified time. Money market account requires a minimum deposit and interest