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Q: What is the annual interest rate for bank plus?
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Related questions

How do you convert annual interest rate to monthly?

Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest


What is the formula to calculate monthly interest rate if the annual interest rate is known?

Annual Interest Rate divided by 12= Monthly Interest Rate


What is the interest rate for a mortgage from the bank Indymac?

The interest rate for mortgages from IndyMac start from between 2.7% - 3.7%, depending on your yearly fixed rate. This also depends on your annual mortgage payments.


Does Lloyds TSB Banking do compound or annual interest?

Lloyds TSB Banking pays annual interest plus a bonus. It illustrates what the interest rate would be if interest was paid and compounded once each year.


What is the annual rate of an investment 20000 at an annual interest rate of 7 and 12000.00 at an annual interest rate of 7.5 what was his annual income on the two investment?

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What is the annual interest rate on 5000 compounded continuously at 6.3 annual interest rate?

I suspect that it will be 6.3!


What is the true annual rate of interest charged?

The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.


What is plus mod balance in bank loan?

plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.


What does effective interest rate mean?

An effective annual interest rate considers compounding. When the principle is compounded multiple times each year the interest rate increased to be more than the stated interest rate. The increased interest rate is the effective annual interest rate.


You deposit 200 per year in a bank account that offers an annual interest rate of 6. After five years your total earnings in interest are?

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What is the principal balance if the principal plus interest at the end of 1 and a half years is 3360 at an annual interest rate of 8 percent?

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How do you calculate monthly interest rate on an annual interest rate?

If not compounded monthly, a monthly interest rate is simply 1/12 of the annual rate. Things do get complicated, though if the interest is compounded monthly. An annual interest rate of R% is equivalent to a monthly rate of 100*[(1 + R/100)^(1/12) - 1] %