Asked By: Michael Butler Date: created: Oct 23 2020

## How is interest calculated monthly

Answered By: Eric Morris Date: created: Oct 25 2020

To calculate the monthly interest, simply divide the annual interest rate by 12 months.

The resulting monthly interest rate is 0.417%.

The total number of periods is calculated by multiplying the number of years by 12 months since the interest is compounding at a monthly rate..

Asked By: Ralph Coleman Date: created: Mar 24 2021

## What is PMT in weight

Answered By: Herbert Torres Date: created: Mar 27 2021

What is PMT? PMT stands for pre-menstrual tension and is also sometimes known as pre-menstrual syndrome.

## What is the formula for monthly payments in Excel

Answered By: Harold Moore Date: created: Jan 28 2021

PMT, one of the financial functions, calculates the payment for a loan based on constant payments and a constant interest rate. Use the Excel Formula Coach to figure out a monthly loan payment….Example.DataDescription=PMT(A2/12,A3,A4)Monthly payment for a loan with terms specified as arguments in A2:A4.(\$1,037.03)11 more rows

Asked By: Alexander Taylor Date: created: Apr 03 2021

## What is the monthly payment on a 10000 loan

Answered By: Andrew Phillips Date: created: Apr 06 2021

In another scenario, the \$10,000 loan balance and five-year loan term stay the same, but the APR is adjusted, resulting in a change in the monthly loan payment amount….How your loan term and APR affect personal loan payments.Your payments on a \$10,000 personal loanMonthly payments\$201\$379Interest paid\$2,060\$12,7125 more rows

Asked By: Gabriel Phillips Date: created: Sep 27 2020

## How do you calculate PMT manually

Answered By: Gabriel Ramirez Date: created: Sep 28 2020

The Payment (PMT) Function Calculates Loan Payments Automatically=PMT(rate,nper,pv) correct for YEARLY payments.=PMT(rate/12,nper*12,pv) correct for MONTHLY payments.Payment = pv* apr/12*(1+apr/12)^(nper*12)/((1+apr/12)^(nper*12)-1)

Asked By: Tyler Campbell Date: created: Oct 09 2021

## Which function is used to calculate the loan amount

Answered By: Isaac Murphy Date: created: Oct 09 2021

Answer. The Excel PMT function is a financial function that returns the periodic payment for a loan. You can use the NPER function to figure out payments for a loan, given the loan amount, number of periods, and interest rate.

Asked By: Abraham Evans Date: created: Nov 15 2020

## How do you calculate monthly payments using PMT

Answered By: Dominic Wood Date: created: Nov 17 2020

The PMT function below calculates the monthly payment. Note: we make monthly payments, so we use 6%/12 = 0.5% for Rate and 20*12 = 240 for Nper (total number of periods). Consider an investment with an annual interest rate of 8% and a present value of 0.

Asked By: Caleb Ward Date: created: Jul 11 2021

## What is the PMT formula

Answered By: Philip Rogers Date: created: Jul 12 2021

=PMT(rate, nper, pv, [fv], [type]) The PMT function uses the following arguments: Rate (required argument) – The interest rate of the loan. Nper (required argument) – Total number of payments for the loan taken.

Asked By: Ian Washington Date: created: Jul 05 2021

## What does PMT mean

Answered By: Fred Watson Date: created: Jul 08 2021

Pre-Menstrual TensionMany women go through many physical and emotional changes just before and during their period. These symptoms, which usually begin 7-14 days prior to a period are known as either Pre-Menstrual Syndrome (PMS) or Pre-Menstrual Tension (PMT).

Asked By: Xavier Flores Date: created: Dec 21 2021

## What does PMT stand for in Excel

Answered By: Gabriel Henderson Date: created: Dec 21 2021

payment functionThe Excel PMT Function (payment function) is a really simple to use but highly useful Financial Function used to calculate the repayment amount on a loan. This function assumes that payments are made consistently (repayment frequency and amount remain constant) at a constant interest rate.

Asked By: Curtis Evans Date: created: Nov 02 2020

## How do I make a positive PMT in Excel

Answered By: Peter Turner Date: created: Nov 03 2020

to be positive, simply make PV negative. > Ex: PMT .

Asked By: Miguel Roberts Date: created: Jun 11 2021

## What does PMT mean in time

Answered By: Gilbert Taylor Date: created: Jun 13 2021

World Time Zone Abbreviations, Description and UTC OffsetTime Zone AbbreviationZone DescriptionRelative UTCPMTPierre & Miquelon Standard TimeUTC-03

Asked By: Jayden Anderson Date: created: Mar 24 2021

## What does PMT mean in banking

In Excel, mortgage payments are conveniently calculated through the PMT (payment) function.

Asked By: Oscar Cook Date: created: Feb 13 2021

## What is cheapest way to borrow money

Answered By: Oscar Clark Date: created: Feb 14 2021

Depending on your needs the cheapest way to borrow money will most likely be a personal loan or a credit card. These aren’t the only ways of getting hold of money, however. You can also use a bank current account overdraft or borrow against the value of your house.

Asked By: Raymond Morgan Date: created: Jun 10 2021

## What credit score is needed for a 10000 loan

Answered By: Owen Cooper Date: created: Jun 11 2021

What does your credit score have to be to get a \$10,000 dollar personal loan? In most cases, you’ll need a 580 or higher to qualify for a personal loan.

Asked By: Christian Reed Date: created: Nov 29 2021

## How do you figure out an interest rate

Answered By: Nathaniel James Date: created: Nov 30 2021

How to calculate interest rateStep 1: To calculate your interest rate, you need to know the interest formula I/Pt = r to get your rate. … I = Interest amount paid in a specific time period (month, year etc.)P = Principle amount (the money before interest)t = Time period involved.r = Interest rate in decimal.More items…•Feb 18, 2020

Asked By: Chase Foster Date: created: Jun 14 2021

## What credit score is needed for a \$5000 loan

Answered By: Matthew Perez Date: created: Jun 15 2021

Typically, the credit score needed to get a personal loan can be anywhere between 600 and 700, depending on the lender. The majority of lenders require something in the 640 – 660 range.

Asked By: Alejandro Hill Date: created: Mar 08 2021

## How do u calculate interest

Answered By: Oscar Flores Date: created: Mar 11 2021

You can calculate Interest on your loans and investments by using the following formula for calculating simple interest: Simple Interest= P x R x T ÷ 100, where P = Principal, R = Rate of Interest and T = Time Period of the Loan/Deposit in years.

Asked By: Jack Brown Date: created: Jul 19 2021

## How does PMT work

Answered By: Gerld Evans Date: created: Jul 19 2021

The PMT function calculates the required payment for an annuity based on fixed periodic payments and a constant interest rate. An annuity is a series of equal cash flows, spaced equally in time. A mortgage is an… The PMT function is a financial function that returns the periodic payment for a loan.

Professional

### Are Sports Pools Legal?

Are office sports pools legal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law.The truth is, the majority of office pools are illegal.The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA. Are football pools at work illegal? Illegal Moves – Gambling at work is illegal in many states and resides in a legal gray area in others. Further, with more employers operating in multiple states and more employees working remotely, office betting pools may span state lines and may violate federal law. Is it illegal to run a March Madness pool? Americans are expected to bet more than \$10 billion on the NCAA March Madness basketball tournament this year. The typical office pool used for a variety of sports betting remains illegal in 37 states regardless…

Professional

### What Do I Do If My Employer Doesn’T Match My 401k?

Is 401k worth it if employer does not match? In summary, earners of high income could benefit from contributing to a 401(k) without employer match because they would be able to contribute more and take a higher deduction.. Can a company refuse to give you your 401k? Your company can even refuse to give you your 401(k) before retirement if you need it. The IRS sets penalties for early withdrawals of money in a 401(k) account. ... A company can refuse to give you your 401(k) if it goes against their summary plan description. How can I save for retirement if my employer doesn't offer 401k? Consider an IRA An IRA is a great option if your employer does not offer retirement benefits. This can be set up with most brokerages and some banks. You can choose the type of investments that you want to make and you may ask…

#### Jonathan Bailey

Professional

For the time being, online sports betting is legal in the U.S.only in three states: Nevada, New Jersey, and West Virginia.In order to bet online legally on March Madness or other sporting events, you must register with one of the state's official sports book sites or mobile apps.18 Mar 2019 Can you bet on March Madness? Every major media site offers a bracket contest, many of which are free to enter and offer prizes. For those in legal sports betting states, you can bet on each game and many events within each game. You can wager on the overall winner of March Madness, starting before the tournament and continuing throughout.22 Mar 2019 How does March Madness work? The first and easiest way to bet on March Madness is just like a bracket contest, except you will be more handsomely rewarded for every pick you get right. Betting the moneyline simply…

Professional

### Question: Are Super Bowl Pools Illegal?

Super Bowl squares pools are contests that allow fans watching the Super Bowl to purchase one of 100 boxes from a 10 x 10 matrix.Thus, because a Super Bowl squares pool includes an entry fee and a prize, as a technical matter it is probably illegal. Are Super Bowl boards legal? Under the gaming laws of all 50 states, any contest is deemed to be illegal if it involves three elements: consideration (generally an entry fee), prize, and chance. Based on this law, any Super Bowl squares pool conducted across state lines, or on the Internet, would seem to violate federal law. Are office football pools legal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness,…

Professional

### Are Office Pools Illegal?

In most states, office pools are considered illegal gambling.Therefore, allowing employees to participate could potentially subject the employer to legal action and serious penalties. Are office Super Bowl pools legal? However unless a Super Bowl squares pool falls within a state-specific “recreational gaming” exception, the contests probably violates the law. Under the gaming laws of all 50 states, any contest is deemed to be illegal if it involves three elements: consideration (generally an entry fee), prize, and chance. Are NCAA pools illegal? For most college basketball fans, playing in NCAA Tournament pools is a fun pastime that generally does not lead to much legal scrutiny. First, as a matter of state law, pay-to-enter NCAA Tournament pools are technically illegal if they include three elements: consideration, reward, and chance. Are office pools legal in California? Are Office Betting Pools Legal in California? In California, according to Penal Code section 337a, gambling…

Guest

### Question: Are Football Pools Legal In Maryland?

While Maryland gambling laws allow betting on horse racing, most other types of gambling are prohibited in the state.Slot machines legal in certain counties.Other Kinds of Gambling-Related Activities Allowed or Banned.Bookmaking; pool-making; jai alai illegal. Are office football pools legal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA. Are football pools legal in Texas? Yes, it's illegal in any number of ways. It's illegal gambling in Texas. Because squares pools involve randomly assigned numbers, the contest is entirely based on chance and thus illegal unless (in a state other than Texas) it falls within a state-specific “recreational gaming exception.” Can I gamble online in Maryland? Maryland…

Guest

### Quick Answer: Are Game Rooms Legal In Florida?

Gaming Law in Florida Gambling, whether it's horse-racing or slot machines, is regulated at the state level.Generally speaking, Florida gambling laws limit casinos to Indian reservations and allow betting on horse racing.The amount of wagers and where casinos can be located geographically also incorporates state law. Are table games legal in Florida? The state of Florida has legalized a wide range of gambling activity, including casino games. Florida's casinos are located on Seminole tribal lands and include the Hard Rock Casinos. Casino games include Craps, Roulette, Blackjack, Baccarat, Poker and other options which can be enjoyed on cruise ships. Are poker rooms legal in Florida? Now that this law is in effect, public poker rooms and land-based casinos are allowed to offer higher limits than home games. Before this bill passed, even casino poker in Florida was limited to penny-ante play. Now, the rules state specifically that “Poker rooms can…

Guest

### Are Office Pools Legal In Massachusetts?

The short answer is, yes, that office pool is against the law.A bill to legalize March Madness and Super Bowl gambling pools has been proposed in the Massachusetts Legislature on multiple occasions without success.19 Mar 2014 Are office pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA.18 Mar 2015 Are office Super Bowl pools legal? However unless a Super Bowl squares pool falls within a state-specific “recreational gaming” exception, the contests probably violates the law. Under the gaming laws of all 50 states, any contest is deemed to be illegal if it involves three elements: consideration (generally an entry fee), prize, and chance.31 Jan 2014…

Guest

### Quick Answer: What Is A Football Block Pool?

What is a block pool? The name of this type of pool comes from the 100 squares that comprise the pool's board.The board is a 10x10 grid of boxes where each row and column are assigned a number from 0 to 9. How do Super Bowl pools work? How does it work? The game starts with a 10-by-10 grid, or 100 individual boxes — each of which is assigned a universal price tag, like \$1 per square. Before the Super Bowl kicks off, participants purchase individual boxes — generally as many as they wish — until all 100 of them are accounted for. What does reverse score mean in football pool? Football pools are a way to get even casual fans interested in the outcome of a game. The winner of the pool is determined by the score in the game. In a reverse system, people in the pool have…

Guest

### Quick Answer: How Do You Do A Football Pool Fundraiser?

Is a football pool considered gambling? Even if office football pools are legal in your state, you still have to watch out for the IRS.Gambling winnings, even for casual gamblers, are taxable and must be reported to the IRS.Small-scale football pools are rarely prosecuted even in states where they are technically illegal. How do you organize a Super Bowl pool? Here are some easy directions to follow to organize your Super Bowl pool: Get all of the necessary materials: poster board, marker, and a ruler.Make a 10 by 10 grid on the poster, so that you will have 100 square blocks across the board. Write the numbers 0 through 9 along the left side of the grid next to each square. Are Super Bowl box pools legal? And private lotteries are a big no-no under both federal and state law for a number of reasons. In most states, a contest…

Professor

### Question: Are Football Pools Legal In PA?

Under state law, such pools — whether for the Super Bowl or "March Madness" — are illegal.So were such pools in social clubs, until legislation passed last year legalized small sports betting pools for volunteer organizations and other nonprofits under Pennsylvania's small games of chance law. Are office Super Bowl pools legal? However unless a Super Bowl squares pool falls within a state-specific “recreational gaming” exception, the contests probably violates the law. Under the gaming laws of all 50 states, any contest is deemed to be illegal if it involves three elements: consideration (generally an entry fee), prize, and chance. Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than…

Professor

### Question: Are Office Pools Legal In California?

In California, according to Penal Code section 337a, gambling can be a felony or a misdemeanor.But Penal Code section 336.9 creates an exception for betting pools between people who are not acting for profit, other than the same stakes available to every participant.This doesn't make the pools legal. Are Super Bowl pools legal in California? Most people are more likely to place their wagers in small-scale Super Bowl pools with friends or coworkers. However, in California, under California Penal Code Section 336.9, betting in an office football pool is an infraction punishable by a \$250 fine. Are office pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to…

Professor

### Question: Are Football Survivor Pools Legal?

Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law.The truth is, the majority of office pools are illegal.The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA. Is it illegal to run a Super Bowl pool? And private lotteries are a big no-no under both federal and state law for a number of reasons. In most states, a contest such as a Super Bowl squares pool (or boxes pool) would be deemed to constitute an illegal lottery if it involved three elements: consideration (generally an entry fee), prize and chance. What is an NFL Survivor Pool? A survivor pool is a contest in which participants select one NFL team each week to win their respective game without regard to the point spread.…

Professor

### Quick Answer: Are Football Pools Legal In New York?

Office pools for money are technically illegal gambling and may constitute a felony in New York.An employer that permits an office pool to take place on its premises may be found to be advancing gambling activity, which could also be prosecuted as a crime.20 Mar 2014 Are office football pools legal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA.18 Mar 2015 Are Super Bowl box pools legal? And private lotteries are a big no-no under both federal and state law for a number of reasons. In most states, a contest such as a Super Bowl squares pool (or boxes pool) would be deemed to constitute an…

#### Evan Flores

Professor

Office pools are legal in Colorado, as long as the organizer doesn't take a cut, Suthers says. Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA. Are office Super Bowl pools legal? However unless a Super Bowl squares pool falls within a state-specific “recreational gaming” exception, the contests probably violates the law. Under the gaming laws of all 50 states, any contest is deemed to be illegal if it involves three elements: consideration (generally an entry fee), prize, and chance. Are slot machines legal in Colorado? The Colorado Constitution and Colorado law allow only certain types of "gambling." In addition to limited…

User

### Are Football Pools Legal In Florida?

Office pools are legal in most states, though there are a number of exceptions, including Hawai'i, Florida and Illinois.There are three questions that you should ask before you set up a pool to determine whether the pool is legal.First, does your state allow informal sports betting? Are office football pools legal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super Bowl, according to the NCAA. Is poker illegal in Florida? Poker is legal in Florida if played at specific, licensed land based card rooms and under strict regulations. The game can also be played for small stakes in a home setting, as long as certain conditions are met. Are Internet cafes legal…

User

### Are Super Bowl Squares Illegal In Texas?

Yes, it's illegal in any number of ways.It's illegal gambling in Texas.Because squares pools involve randomly assigned numbers, the contest is entirely based on chance and thus illegal unless (in a state other than Texas) it falls within a state-specific “recreational gaming exception.” Is Super Bowl squares illegal? Beyond the legal risks under state law, the risks of Super Bowl squares pools under federal law may be even greater. Any Super Bowl squares pool that is conducted across state lines and includes at least one state in which the underlying activity is illegal would clearly violate the Wire Act. What is illegal gambling in Texas? — Casino gambling with cash payoffs is illegal in Texas. It is unlawful for slot-machine casinos to pay cash to gamblers, but it is legal to own, operate and play the machines in Texas, as long as the prizes are cheap noncash items such as…

User

### Question: Is It Illegal To Have A Football Pool?

Office pools are legal in most states, though there are a number of exceptions, including Hawai'i, Florida and Illinois.There are three questions that you should ask before you set up a pool to determine whether the pool is legal.First, does your state allow informal sports betting? Is it illegal to run a Super Bowl pool? And private lotteries are a big no-no under both federal and state law for a number of reasons. In most states, a contest such as a Super Bowl squares pool (or boxes pool) would be deemed to constitute an illegal lottery if it involved three elements: consideration (generally an entry fee), prize and chance. Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is…

User

### Quick Answer: Are Super Bowl Pools Legal In California?

Some states also limit the amount that a gambler can win or lose.However, in California, under California Penal Code Section 336.9, betting in an office football pool is an infraction punishable by a \$250 fine.Small-scale football pools are rarely prosecuted even in states where they are technically illegal. Are office pools legal in California? Are Office Betting Pools Legal in California? In California, according to Penal Code section 337a, gambling can be a felony or a misdemeanor. But Penal Code section 336.9 creates an exception for betting pools between people who are not acting for profit, other than the same stakes available to every participant. Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year…

User

### Question: Are Pick’em Pools Legal?

Although seven states have passed new laws affirmatively legalizing fantasy sports, no state has affirmatively legalized private NFL pick'em or survivor pools.Furthermore, as a matter of state law, pay-to-enter prognostication contests are explicitly illegal if they constitute "games of chance." Are football survivor pools legal? Although popular, money-based NFL survivor pools seem to run afoul to three different federal laws. NFL survivor pools are also very likely to violate state gambling laws. In every state, private contests are deemed to be illegal if they include three elements: an entry fee, a cash prize, and more chance than skill. Are office football pools illegal? But while your fun office or dormitory pool may seem harmless, chances are you're breaking the law. The truth is, the majority of office pools are illegal. The FBI estimates that at least \$2.5 billion is illegally wagered each year on March Madness, more than the Super…