第三章 货币的时间价值 chapter3- Time value of money.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Ch3 Time Value of Money Credit card Do you have a credit card? Do you know how is the interest charged? * Ch3 Time Value of Money 建行、工行等大部分银行:透支利息按月计收复利 农业银行: 透支利息按月计收取单利 利率：大部分银行按日息万分之5计算，但也有例外，如： 中银长城人民币卡规定：自透支之日起15天内按日息万分之五计算，超过15天按日息万分之十计算，超过30天或透支金额超过规定限额的，按日息万分之十五计算 * Ch3 Time Value of Money If a credit card charges DAILY interest at 0.05%, compounded monthly. What is the EFF%? Is it expensive? EFF% = ( 1 + 1.5% )12 - 1 =20% * Ch3 Time Value of Money 招商银行个 人 贷 款 参 考 利 率 (自20