Rule of 72 is used to calculate approximate rate of interest or expected duration to get the investment double. Everyone want money.. want to get their money doubled as soon as possible. Some one set the target years, & someone estimate expected rate of interest for target years.. Every exercise is around getting the money grown from an Investment. Instead of involving in complex mathematical functions, this Rule of 72 is a very best short cut to find out the approximate time frame or rate of return. This rule of…
Continue Reading.....Year: 2018
Long Emails
The writer may take e-mail for granted by writing Long Emails. However effective e-mail communication is as much a skill as anything else. When used effectively, e-mail can be a powerful tool. However, one of the top e-mail inefficiency is message length. One of the top reasons your e-mail is not getting read is because it is too long. Writing long emails doesn’t mean you are getting more work done. As people are fighting to get inbox empty, the last thing they want to do is read a multi-page tedious…
Continue Reading.....What is Money Laundering?
Money Laundering means concealment of the origins of illegally obtained money, by means of transfer through foreign banks or through legitimate business houses. It is defined as any act, or attempted act, to conceal or disguise, the identity of illegally obtained funds; so that they appear to have originated from legitimate & legal sources. Money Laundering also means the use of money from illegal activities by concealing the identity of individuals who obtained the money or the means by which it was obtained & converting into assets that appear to have…
Continue Reading.....Come Again
Come again is an Informal phrase use to ask the speaker to repeat the same if you did not understand or hear them. Do not use this phrase in a formal context, as it may have an alternate meaning or may be misunderstood. It is an American slang, short hand for a longer & more polite form, “Could you please repeat what you just said?” ‘say again’ or ‘could you please say that again?’ Example : What did you say, come again? In British English it is replaced with,…
Continue Reading.....Getpaid | GetPaid tool in Account Receivable | Order to Cash
GetPaid : Experts thought: It is a tool that facilitates, efficient management of the Receivables of any organization. It improves the efficiency & effectiveness of managing Receivables with automated workflow. This is a tool that provides efficient Cash Application features. Helps organization to define corporate credit risk, collections (Account Receivable / AR) strategies to ensure risk-based collection efforts supplemented with Decision analytics capabilities & dispute resolution features. .
Continue Reading.....Recurring Deposit | Cumulative Deposit
Every person always wants to invest & grow money or create wealth. Recurring Deposit is one of the instruments for money growth. In the initial days of earnings, there will be a limited income. And one must have the habit of saving at that early age which lasts longer. Recurring Deposit : Recurring Deposit (RD) / Cumulative deposit is a small tool / scheme / an investment idea to start with. This is provided by Banks & Post offices. Interest earning is at an attractive rate & it will be…
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