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What is the interest rate on a 5000 loan?
an individual borrowed 5,000 forf 80 days and paid 100 in interest what was the rate of the loan use ordinary interest
How important is it to get a low interest rate?
It is not at all important if you are a lender!
Why is it important to analyze the interest rate before refinancing?
If you do not analyze the interest rate before refinancing you could end up with a higher interest rate which results in more money that you have to spend.
What is the current interest rate on the American Airlines credit card?
The current interest rate on an American Airlines credit card is variable. This rate depends on the individual's credit, their payment history, and other factors. The interest rate varies between 21% and 25%.
What is different about fixed rate mortgages?
The most important difference is the interest rate on the note remains the same through the term of the loan, instead of a common loan where the interest rate may adjust.
Present value is so important for corporate finance?
$500 if interest for five years at a 7% interest rate
How important are net interest margins?
Net interest margins are important because they show the difference in interest rates between the banks, and the lenders. Without these, one would have no idea how much of an interest rate is needed.
What are the most important forces in the macroenvironment facing companies today?
interest rate
What is nominal interest?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
What does the nominal interest rate mean?
A nominal interest rate is an interest rate that does not factor in the rate on inflation. Nominal interest rate could also refer to an interest rate that does not adjust for the full effect of compounding.
Sample of letter for interest rate reduction?
When writing a letter for an interest rate reduction, the account number should be in the letter. It is also important to note how long the person has had the account.
What is the low interest student loan consolidation?
Low interest rate student loan consolidation is when a company takes 2 or more student loans that an individual may have acquired and combines them into one lump sum with a single payment at a lower interest rate.
