How is a share index computed?

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computed
Evans asked:


I wanna know what changes in the stock mart causes the index to gain or lose, and how’s it calculated?

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How is monthly interest computed?

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computed
PFitz asked:


I have a Online Savings account that I usually put money into on the last day of the month. The monthly interest rate in 4.65%. It really seems like I haven’t gotten the interest I deserve.

What is the formula and does it matter when you deposit money into the account?
Also, sometimes, the interest is put into my account in the middle of the month, sometimes at the end.

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