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What else can I help you with?
An interest rate on a consumer loan of 1.5 is most apt to be a?
monthly interest rate
What of these describes annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate A+
What is the most useful measure of fertility for projecting future population changes?
The Total Fertility Rate (TFR) is the most useful measure for projecting future population changes as it provides an estimate of the average number of children that women are expected to have during their reproductive years. This indicator gives insights into the potential for population growth or decline based on current fertility levels.
What is the rate of Risk-Free interest?
Risk-free interest is the rate of interest which exists when the expected risk of the economic transaction is zero. In most cases, the general interest rates in major banks of a country reflects the nominal interest rate, which is risk free. The real interest rate is simply the nominal interest rate minus the rate of inflation.
What describes a annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate.
What is the definition of the term interest rate derivatives?
A derivative has as a security the ability to pay or receive an amount at a given interest rate. Interest rate derivatives are the most popular and include rate swaps and forex swaps.
Are the LIBOR rate charts useful in predicting interest rate fluctuations?
The LIBOR rate charts provide a daily interbank interest rate that banks base their internal rates on. Basically this LIBOR chart is used as a wholesale rate that the London bank charges to other retail banks.
Are most deposits fixed rate or variable rate?
Deposits offer only a fixed rate of interest. Though this rate of interest gets changed once in a while, a deposit which was opened before this interest rate change does not get altered. It will continue to earn the same rate of interest as was promised when the deposit was opened.
What interest rate does Pounds till Payday charge?
Most of the cash until your payday companies have a lower interest rate if you pay when you say you will. It's usually 3 or 4 percent interest rate.
What are the benefits of a no interest rate credit card?
A no interest rate credit card can help you save money on interest charges when you carry a balance, allowing you to pay off your debt faster. It can also be a useful tool for making large purchases and spreading out payments without incurring interest costs.
How can I calculate the monthly interest rate from an annual interest rate?
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
How to convert a monthly interest rate to an annual interest rate?
To convert a monthly interest rate to an annual interest rate, you can multiply the monthly rate by 12. This will give you the annual interest rate.
