For the initial 10 years the interest rate will be 8% if it is on a basis of 30 years term
To convert an annual rate to a monthly rate, divide the annual rate by 12. This will give you the equivalent monthly rate.
Yes, the interest rate and rate of return are exactly the same.
The monthly interest rate for fixed rate bonds is the annual interest rate divided by 12.
The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public
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.
0.006625%% rate:= 3975/60000000 * 100%= 0.00006625 * 100%= 0.006625%
0.5 percent of 60000000 = 3000000.5% of 60000000= 0.5% * 60000000= 0.005 * 60000000= 300000
60000000 days are in 60000000 days.
It is 60000000.
2000
the percentage for 600000 = 60000000% 600000 * 100% = 60000000
7700000/60000000
60000000 = 6*10^7
60000000 = 60,000,000
1,440,000,000
1,200,000.00
1642.7105