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An interest rate is a special type of income/ profit/ value measurement -- depending on the context in which you're describing the interest rate.

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8y ago

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What type of power does special interest groups have?

The type of power that special interest groups have is founded on influence and pressure by the citizens. The citizens of any democratic nations serve as the main source power which is what special interest groups rely on.


What type of annuity pays you a flat interest rate?

A tax deferred fixed annuity pays a flat interest rate.


What type of interest rate does this financial product offer, considering it does not provide a fixed rate?

This financial product offers a variable interest rate, as it does not provide a fixed rate.


What rate offers does Nationwide International have for high balance accounts?

Nationwide International offers a special interest rate for those with high balance accounts. You can choose between an annual or monthly interest rate. For accounts with a balance of more than 25,000 pounds, the annual interest rate is 1.6%, while the monthly interest rate is 1.5%.


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The current interest rate for loans varies depending on the type of loan and the lender, but as of now, it is generally around 3-4 for fixed-rate loans.


Which type of account will typically have the highest interest rate?

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What is sub-prime rate of interest?

It is one kind of interest rate lower than themarket interest rate for a target group. This type of interest rate was used in USA house mortgage loan to capture all the lower income people. This is the one significant cause of present economic crisis.


What is the interest rate on the BP Visa credit card?

The interest rate on the BP Visa Credit card can range depending on the type of APR relevant to you. The interest rates can range from 19.24% to 29.99%.


What is the interest rate for term deposits?

It depends on the tenure. * For deposits that are less than one year the rate of interest is around 6-7% * For deposits that are one year or more the rate of Interest is around 8% * For special deposits that are 5 year tenure, the rate of interest is around 9% Add an extra 0.5% extra for senior citizens.


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.


What is nominal interest?

Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.