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What is an example of an inexpensive loan and a medium price loan and a expensive loan?
An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.
Should you refinance your mortgage if your current rate of interest is 15 percent?
If your current rate of interest is 15%, whether your refinance your mortgage is something you should discuss with your bank or financial advisor. If you think you could be getting a better rate, you can take it up with them.
What is credit interest rate?
15
What is the percent of interest charged on a loan?
usually its 15-19%
You have 50000 for down-payment and you want to borrow 250000 from bank.current mortgage interest rate is 6 percent . If you equal monthly payments for 15 years how much will monthly mortgage be?
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
What is a good interest rate for 15 year mortgage rates?
A good interest rate for 15 years mortgages is between 2.0 and 3.0 percent. Getting the lowest interest rate depends on your credit history.
What is an example of an inexpensive loan and a medium price loan and a expensive loan?
An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.
Find A if 8300 is invested for 3 years at a single interest rate of 15 percent?
Interest = 83 x 3 x 15 = 3735. This is assuming you meant "simple" interest. If it is a one-off interest rate then the term is irrelevant and interest is 83 x 15 ie 1245
Should you refinance your mortgage if your current rate of interest is 15 percent?
If your current rate of interest is 15%, whether your refinance your mortgage is something you should discuss with your bank or financial advisor. If you think you could be getting a better rate, you can take it up with them.
How much will a dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?
>about $15 <
What is a good interest rate on a 15 year mortgage?
Any interest rate below 5% is a favorable rate currently. This interest rate is a competitive rate.
What is credit interest rate?
15
What is 15 percent interest on 1000?
To calculate 15 percent interest on $1000, you first convert the percentage to a decimal by dividing by 100, which gives you 0.15. Then, you multiply the principal amount ($1000) by the decimal interest rate (0.15) to find the interest amount. Therefore, 15 percent interest on $1000 would be $150.
What equity loan rates can I expect in today's market?
Current 30 year mortgage rates are up to 5.08% as of April 1, 2010. The average 15 year mortgage interest rate increased to 4.39 percent, up from the previous week’s average interest rate of 4.39 percent.
How much money will you have saved in 15 years if you put in 2500 at a 3.5 percent interest rate?
To calculate the future value of an investment, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. For a $2,500 investment at a 3.5% interest rate over 15 years, the calculation would be ( A = 2500(1 + 0.035)^{15} ). This results in approximately $4,147.53 after 15 years.
What is the interest of 4000 at 15 percent?
4000 + 600(15%) = 4600
What is the future value of 450 at an interest rate of 15 percent two years from today?
To calculate the future value (FV) of $450 at an interest rate of 15% over two years, you can use the formula: FV = PV × (1 + r)^n, where PV is the present value, r is the interest rate, and n is the number of years. Plugging in the values: FV = 450 × (1 + 0.15)^2 = 450 × 1.3225 = $594.13. Therefore, the future value of $450 at 15% interest after two years is approximately $594.13.
