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How is a roth ira interest rate different than other interest rates?
Wiki User
∙ 11y ago
A roth ira interest rate is different than others because the greater your balance means greater interest rate.
Wiki User
∙ 11y ago
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What are some current account interest rates?
Depends on the countries, current account interest rates can be different. For example, one bank can have a 0.35% where other bank has a rate of 0.5%.
What is the interest rate for a Chevy aveo?
Interest rates depend on your credit and who you are getting financing from. Different lenders/companies offer different rates.
What are the two different types of interest rates?
A fixed rate has the same rate of interest the entire life of the loan. A fluctuating rate varies with the prime interest rate.
What banks offer high interest rate accounts?
Different banks will offer different interest rates. Some banks that offer high interest rates include Ally Bank and Capital One which has an interest rate of 0.84% and 0.75%.
What is the prime interest rate?
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
What is the current interest rate for a saving account?
Currently (2009), interest rates on savings accounts are very very low. Different banks have different interest rates. In India as of November 2011, the interest rates are 4% or above. banks can essentially set the rate of interest they choose to pay for money held in savings accounts to their customers
How do you prepare a worksheet showing interest payments on a floating rate?
you have to have a sheet with several different interest rates because the rate is floating and not constant.
Where can one compare different loans and rates?
One can compare various loans and their rates of interest on the Bank Rate website. There are many loans and their interest rates listed and comparisons with other financial institutions. There is a tool one can use as well to calculate loans.
Why do bank savings account interest rates change over the years?
The interest rate at which they lend out money changes, which changes your interest rate. Banks are a buisness and if their interest rates are lower then your interest rates, they make no money on it. The interest rate taht banks pay is changed because the rate that banks pay to the govenrment changes. Whnever the federal reserve rate changes,your interest rates can change.
How does the Fed influence interest rates?
The Federal Reserve controls the interest rate at which federal banks lend money. This, in turn, has a cascading effect, in which other banks interest rates are determined based on the rate set by the Fed.
What are the interest rates for a student loan?
The interest rates for a student loan are typically fixed at the annual inflation rate. This is true of that of the UK. Higher rates are typical in other countries.
What is the interest rate on a Nordstrom credit card?
There are several different interest rate tiers for purchasing Nordstrom products. In addition, there are different rates for Non-Nordstrom purchases and cash advances.
