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would it have been an advantage to link my home loan to the JIBAR instead of the Prime rate on 9 February 2009?
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∙ 14y ago
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What is the average annual rate of return for the SP 500 over the past 12 months?
about 6%
What is the interest rate for Citi Mastercard?
Citibank MasterCard has no interest rate for the first 12 months and then it is between 12.99%-20.99% APR. the interest rate is based upon your credit history, so it will vary in percentages.
How much does 2.5 billion dollars receive on 2.5 interest rate?
Over what period of time? It obviously depends on how long the money is earning interest, whether the interest rate is the annual interest rate, and whether it is compounded at intermediate periods during the year. For the purposes of this question it is probably reasonable to assume you are interested in how much interest it earns over a period of 1 year without compounding.$2,500,000,000 ($2.5 Billion), at the ANNUAL rate of 2.5%, for the period of one year, equals an amount of $62,500,000The formula for interest isInterest = Principal x Rate x TimeIf you are investing for under a year your time needs to be expressed as a decimal or a fraction. If the APR (annual percentage rate) is 2.5% then the effective Monthly percentage rate would be 2.5%/12 = 0.208333% or 5/24 %. At that rate you would earn about $5,208,333 in one month. If the APR is 2.5% and is compounded monthly, the formula would beInterest = Principal x ((1 + APR/12)n-1) = Principal x ((1.00208)n-1)where "n" is the number of months the principal is left to earn interest.By that formula the interest would be1 month $5. 208,3332 months $10,427,5173 months $15,657,5754 months $20,898,5285 months $26,150,4006 months $31,413,2137 months $36,686,9918 months $41,971,7559 months $47,267,53010 months $52,574,33711 months $57,892,20012 months $63,221,142 (1 year)The difference between the 1 year interest this way and the original $62,500,000 quoted earlier is the effect of compounding it monthly.
What is the APR for an instant cash advance?
APR for an instant cash advance is annual percentage rate also called nominal APR which describes describe the interest rate for a whole year in terms of 12 months a year
How does a 30-day late payment on a mortgage affect your credit?
If you are trying to refinance your mortgage... it will affect the interest rate. (it will be higher) It will haunt you for at least 12 - 24 months.
Is the 3 month jibar rate already compounded quarterly ie NACQ?
The 3 month Jibar is derived from 3-month NCD rates. Likewise the 1-month Jibar is derived from 1-month NCDs. The Jibar rates are all quoted as nominal annual rates, which means that the interest you will receive on a 3-month investment at Jibar will be calculated as (3M Jibar/4) x (amount invested). Now if you are able to invest money for 3 months at the 3-month Jibar, you can obviously re-invest it after 3 months at the new 3-month Jibar. If the new 3M rate remains exactly the same then obviously it becomes your NACQ. The point is that it may not be the same as 3 months ago. Thus the 1-month Jibar can be seen as a NACM and the 6-month Jibar as a NACSA. A vanilla bond coupon rate is an even better example of a NACSA because it never changes. Now here is a challenge. If the 6-m Jibar is regarded as a NACSA what is the 9-month Jibar then? The short answer is that money market rates are never quoted as compounded rates - they are nominal annual rates. It depends on how the investment (or loan) is treated that determines whether they become NA compounded rates. If you invest in a 9-m NCD at 10% p.a. and re-invest the total maturity value after 9 months for another 9 months at 10% p.a., your effective interest interest rate earned for the first 12 months will be slightly more than 10%.
What is the best CD rate in the Mooresville area on a 12 month CD for 50,000.00.?
You can find a CD rate for 13% percent for 12 months.
If I buy an Antivirus 2014 will it last 12 months?
Free Antivirus 2014 can now continue to be used for 12 months.
How much is the interest rate over 12 months from 8765 to 9006.04?
2.01%
How long do the seasons last for Inuit?
The iniuts seasons last for 12 months around about
How long does dollar bill last?
12-18 months
Has milk gone upin the last 12 months?
yes
How long will butter last in the freezer?
Butter can last up to 12 months in the freezer. See Related Links.
How many months in 3 decades?
One decade is 10 years so three decades is 30 years. There are twelve months in a year, so 12 times 30 = 360.
How long does pregnancy last from after the egg is fertilized?
12 months duhhh
How long does the depo short last?
3 months or 12 weeks.
What is the average annual rate of return for the SP 500 over the past 12 months?
about 6%
