Yes.
its actually the other way around. the value of the us dollar effects interest rates. the lower the us dollar is worth, the lower the interest rate
The answer to your question can be calculated by dividing the interest earned by principal amount and multiplying it by 100 i.e.- 56/800 x 100 which comes to 7 % p.a.
It depend on the interest of the loan some have a 0 percent interest all the way up to a 0.3 percent interest!
I don't think there is a such a thing as an average mortgage payment on any given dollar amount. The principal and interest payment depends on several factors besides the loan amount, primarily the interest rate and loan term(length of the loan). To keep it simple, a 130,000 mortgage at 4.5% for 30 years would be $658.69 for your principal and interest payment. If you could afford to do a 15 year loan, at the same interest rate, the monthly payment would be $994.49 and you would save nearly $60,000 in interest. If you change the interest rate, the payment could change significantly also.
Because the dollar can be invested today and earn interest
could an increase in interest rates in the rest of the world will lead to a stronger U.S. dollar.
When US interest rates rise the dollar appreciates or rises in value. Because our interest rates are increasing, other countries are buying our capital which causes the demand from US dollars to increase and increases the exchange rate, meaning it takes more of another currency to buy an American dollar.
Convert 1985 dollar amount to 2013 dollar amount
periodic rate
A longer term equals a lower monthly payment and a higher dollar amount of interest paid.
The increase was 87.027%
2.75% is a pure number: there is no monetary value associated with it.
annual percentage rate
A longer term equals a lower monthly payment and a higher dollar amount of interest paid.
A longer term equals a lower monthly payment and a higher dollar amount of interest paid.
As interest rates fall in the United States, capital flows out of the country because the lower interest rates are a disincentive for foreign and domestic capital. As capital flows out of the nation, the demand for the dollar decreases. As demand for the dollar decreases, the value of the dollar depreciates. When the dollar depreciates, goods made in the United States appear less expensive to domestic and foreign consumers. Therefore, imports decrease while exports increase.
So ordinary interest is 30 days collecting or gathering interest on a dollar and exact is collecting or gathering 1 year interest on a dollar.