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Q: What was the bank interest rate in 1929 in the US?
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What is the bank interest rates?

A Bank interest rate is the rate of interest that the bank would offer us for having our deposits with them. For example: If a bank offers a 8% interest on a one year Time deposit, then if you deposit $1000 with them, you will get $80 as interest at the end of one year.


How much would you make in interest if you have 200 million in the bank for a years time?

You didn't tell us what the interest rate at your bank is, so we can't determine that answer.


How much interest would you make with 5 Million US dollars in the bank?

Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.


Can FD Interest rate be changed during the term?

No. While opening the deposit, the bank would give us a certificate which would contain the details of the date of maturity, the rate of interest and maturity value. The bank is entitled to pay us the exact amount mentioned in the certificate even if the prevailing rate of interest is different.


What is savings bank rate?

Savings accounts are the simplest of bank accounts that one can open. They provide us with very high levels of liquidity. Any day any time (when the bank is open), you have the rights to withdraw your money. Because of this, the interest offered by such accounts is very meager. Most banks offer us a rate of interest of around 3.5% to 4% per year.


What is the monthly interest rate for a annual interest rate of 6 percent?

22. The spot Yen/US$ exchange rate is Yen119.795/US$ and the one year forward rate is Yen114.571/US$. If the annual interest rate on dollar CDs is 6%, what would you expect the annual interest rate to be on Yen CDs?


What interest rate would the best online savings account pay in the United States?

A 1% annual percentage yield is likely to be the best interest rate for an online savings account. Barclays, who launched an online bank for customers in the US in May of 2012, has a 1% rate.


Is LIBOR normally higher or lower than the US prime interest rate?

It is normally higher than the US prime interest rate.


How interest rate affect the value of us dollar?

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


How much is bank interest rate in US?

It depends on the type of account you hold with the bank. Ex: Savings account: 3-4% Current account: 0% Fixed or Time Deposits: 7-9%


What was the interest rate in the US in 1975?

The interest rate in 1975 was between 7.0 per cent and 10.0 per cent. The highest interest rate was from January and February of that year.


What are the advantages of savings accounts?

Savings accounts are the simplest of bank accounts that one can open. They provide us with very high levels of liquidity. Any day any time (when the bank is open), you have the rights to withdraw your money. Because of this, the interest offered by such accounts is very meager. Most banks offer us a rate of interest of around 3.5% to 4% per year. Advantages include savings for your future, easy liquidity and a decent interest rate.