30th Annual Texas CEF Conference — March 2-4, 2018

Slides:



Advertisements
Similar presentations
Compound Interest.
Advertisements

Simple Interest 7th Grade Math.
8.4 Simple and Compound Interest
What is Interest? Interest is the amount earned on an investment or an account. Annually: A = P(1 + r) t P = principal amount (the initial amount you borrow.
Section 3.3 Exponential Functions 1. Use a calculator to evaluate, rounding to three decimal places. 1.a. e 2 b. e -2 c. e ½ 1.a. ≈ b. ≈ c.
Microsoft Excel How to do a quick loan using PMT.
Chapter 14: Installment Purchases
Percentage Multipliers
Section 4C Savings Plans and Investments Pages
All I can do is remind them of the truth of Albert Einstein’s alleged response when he was asked, “What do you, Mr. Einstein, consider to be man’s greatest.
7-8 simple and compound interest
SIMPLE INTEREST Interest is the amount paid for the use of money.
3-3 Example 1 Find the simple interest earned on an investment of $500 at 7.5% for 6 months. 1. Write the simple interest formula. I = prt Lesson 3-3 Example.
3.6 – Mathematics of Finance
Logarithms and Savings Accounts
1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Deductions Health Fund Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)
Primitive Methodist Investment Foundation, Inc. Primitive Methodist Investment Foundation, Inc. Sharing Faith Building the Future of Primitive Methodist.
Warm UP Problem Use graphic calculator or website What is the monthly payment and finance charge on the following loan? $3,500 – NO Down Payment 12% 30.
Formulas for Compound Interest
Lesson 5-8 Simple Interest.
Warm Up In the textbook… p. 436 #1 – 3 Read directions about x values!
Vocabulary Principal: An amount of money borrowed or loaned. Interest: A charge for the use of money, paid by the borrower to the lender. Annual Percentage.
Compound Interest 8.2 Part 2. Compound Interest A = final amount P = principal (initial amount) r = annual interest rate (as a decimal) n = number of.
Introduction to Business Ch 26: The Cost of Credit.
Unit 8 – Personal Finance Compound Interest Formula.
3.1 Simple Interest Definition: I = Prt Definition: I = Prt I = interest earned I = interest earned P = principal ( amount invested) P = principal ( amount.
Lesson 7.6 Concept: How to find simple interest Guidelines: When you compute simple interest for a time that is less than 1year, write the time as a fraction.
3.1 Exponential Functions and their Graphs Students will recognize and evaluate exponential functions with base a. Students will graph exponential functions.
Calculating mortgage payments (Paying back your student loans)
Objectives: Determine the Future Value of a Lump Sum of Money Determine the Present Value of a Lump Sum of Money Determine the Time required to Double.
Simple Interest Formula I = PRT. I = interest earned (amount of money the bank pays you) P = Principle amount invested or borrowed. R = Interest Rate.
Simple Interest 6.7. Simple Interest The money earned on a savings account or an investment. It can also be money you par for borrowing money.
03/07/01Lecture 221 Unit 3 Lecture 22 Negative Exponents  Negative Exponents  Scientific Notation.
Math – Solving Problems Involving Interest 1.
Compound Interest. A = New balance after interest P = Principle amount invested or borrowed. R = Interest Rate usually given as a percent (must changed.
The amount of money either being borrowed or saved A %, that will need to be converted into a decimal The amount of time in years Compound Interest A =P(1.
Find the amount after 7 years if $100 is invested at an interest rate of 13% per year if it is a. compounded annually b. compounded quarterly.
© Nuffield Foundation 2011 Nuffield Free-Standing Mathematics Activity Annual percentage rate with more than one instalment Lower APR.
Credit Cards and Pay Day Loans. Aims and objectives Aim: Promote understanding of the hidden charges associated with credit cards and pay day loans. Objectives:
Compound Interest. A = New balance after interest P = Principle amount invested or borrowed. R = Interest Rate usually given as a percent (must changed.
Week 13 Simple Interest. Lesson Objectives After you have completed this lesson, you will be able to: Represent or solve simple interest problems. Solve.
Simple Interest Goal: Students will learn how to complete
Equivalence Calculations with Continuous Payments
Equivalence Calculations with Continuous Payments
Choose “Simple Savings Calculator” Under the Picture of the Couple Exploration Time Work through page 10 in packet with the Chromebooks BANKRATE.COM.
Copy down the title and the date and underline them.
Stand Quietly.
K.I.D.S. Stamps & $uper $avers
Simple Interest 6.7.
7.6.7 Simple Interest.
Telling the CEF Story Raelyn Pracht (Workbook Page 21)
Tell Me a Personal Story Tell Me a Jesus Story Tell Me a CEF Story
Learning Journey – Percentages
*No Checking Account Payday Loans* Gain Advance Cash to Meet Your Financial Woes
30th Annual Texas CEF Conference — March 2-4, 2018
Rev. Mike Newman Workbook Page 13
Lesson 7.7 Simple and Compound Interest
©G Dear2008 – Not to be sold/Free to use
I = PRT I = P x R x T nterest rincipal ate ime Simple Interest
30th Annual Texas CEF Conference — March 2-4, 2018
3.6 – Mathematics of Finance
Hundred Dollar Questions
30th Annual Texas CEF Conference — March 2-4, 2018
Simple Interest 6.7.
Closing Devotion: This Moment
Simple Interest & compound Interest
Practice before a Percentage Change on finding the amount using a
Percentage increase and decrease
Converting between Percentages, Decimals and Fractions
The Income Statement.
Presentation transcript:

30th Annual Texas CEF Conference — March 2-4, 2018 Supporting Investments Raelyn Pracht Workbook Page 21 30th Annual Texas CEF Conference — March 2-4, 2018

Supporting Investments Raelyn Pracht

What Are Supporting Funds? What is the Supporting Funds Report? 30th Annual Texas CEF Conference — March 2-4, 2018

30th Annual Texas CEF Conference — March 2-4, 2018 First Church, Texas 30th Annual Texas CEF Conference — March 2-4, 2018

How Do I Calculate Investment Percentage? Total Amount Invested for the Month x 100 Loan Balance for the Month 30th Annual Texas CEF Conference — March 2-4, 2018

Calculate the Investment Percentage for First Church, Texas Example Calculate the Investment Percentage for First Church, Texas   Total Amount Invested for the Month x 100 Loan Balance for the Month $161,948 x 100 = 123% $131,618    You can use this to find the annual rebate percentage. First Church, Texas: 1.00% 30th Annual Texas CEF Conference — March 2-4, 2018

30th Annual Texas CEF Conference — March 2-4, 2018 How do I calculate how much more in investments is needed to get to the next rebate level?   (Loan Balance x Next Supporting Investments Level) – current total invested 30th Annual Texas CEF Conference — March 2-4, 2018

30th Annual Texas CEF Conference — March 2-4, 2018 Example Calculating how much more in investments is needed to get to the next rebate level for First Church, Texas   (Loan Balance x Next Supporting Investments Level) – current total invested ($131,618 x 1.50**) - $161,948 = $35,479 **the 1.50 come from converting the next supporting investments level to a decimal 30th Annual Texas CEF Conference — March 2-4, 2018

Incentive Rebate Plan Supporting Investments Level Annual Rebate from Texas CEF Annual Rebate on a $1 million Loan 500% + 2.00% $20,000 300% 1.75% $17,500 200% 1.50% $15,000 150% 1.25% $12,500 100% 1.00% $10,000 75% 0.75% $7,500 50% 0.50% $5,000 25% 0.25% $2,500 10% 0.10% $1,000 30th Annual Texas CEF Conference — March 2-4, 2018

Other Uses for Supporting Funds Report Promoting Investments Planning for a Rebate Check Understand Fluctuations (ie. Reformation Note) 30th Annual Texas CEF Conference — March 2-4, 2018

Thank You!