How do you figure out Interest Rate?

Let’s learn how do you figure out Interest Rate. The most accurate or helpful solution is served by geeksonfinance.com.

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Geeks On Finance: How to Figure Interest Rates

How to Figure Interest Rates. ... Write out the equation R=I/(L*Y), which will allow you to determine the interest rate of a simple interest loan.

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How to figure out what interest rate I'm paying? (Other than calling company)?

I have a variable rate mortgage and my interest rate is not printed on my statement, other than the dollar value of the interest charged for the month. The lender's customer service is awful, and they do not have a website that allows anything other...

Answer:

Since it's not a fixed rate, you'll have to call the bank. You can ask how long that rate will be in...

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Erika S at Yahoo! Answers Mark as irrelevant Undo

Interest on an item that costs $844.24USD Interest Rate is 27.24% how can i figure out my monthly payments?

im buying a computer that totals out to be $844.24 im paying wit a dell credit card that has Interest Rate of 27.24 % Is there any way i can figure out what my total monthly payments will be for each month i live in NJ i dont know is that has anything...

Answer:

27.24 a little to much i say divide up over 3 - 4 months

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Keith P at Yahoo! Answers Mark as irrelevant Undo

How do I figure what interest rate on old loan was?

I have the payment amount how much went to principal and how much went to interest how do I figure out what the % rate was using his info?

Answer:

You can see the past and current rates here, http://www.loanforbadcredits.com/ Thanks.

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How can I figure interest rate when it is compounded daily?

I know that the formula for finding interest is: A=P(1+r/n)^nt But I'm having trouble with a problem that wants me to find the interest rate when I have the Current Value, the Original Value, and the time. The time is five years, compounding daily. How...

Answer:

Let's back up just a bit. When the interest rate compounds monthly, what you do is divide the annual...

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RA - Glorious Return at Yahoo! Answers Mark as irrelevant Undo

How do you figure out much money you get from your interest rate in your bank account?

Im not sure if theres a forumula? But I just wanted to know how much money i need in my bank to add up for .1 cent interest according the interest rate being at .5% So just making ...show more

Answer:

At today's rates, after taxes, just figure zero. If you do happen to make more than $10, the bank will...

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YSVBAUCHRBYWT5AY4Y2IQ3JLFQ at Yahoo! Answers Mark as irrelevant Undo

Can Someone help me figure out how much I'm paying $$ in interest if the interest rate is 7.900%?

I'm really bad at math. Lol my balance is $3,206.25 min payment is $50. I want to make sure I'm sending enough to cover the interest but more the principal. Can someone help me?

Answer:

Minimum payments are designed to keep you in debt so if you can afford to at least double the minimum...

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cuban cutie at Yahoo! Answers Mark as irrelevant Undo

I am trying to figure out how the credit card interest rate is calculated v a bank interest rate.?

Basically, I am wondering the best way to pay off credit card debt. If I borrowed against some property that I have a clear title to would I be doing myself a favor by going to the ...show more

Answer:

if those percentages are annual rates ... you're golden. just pay 'em off. if they are monthly rates...

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OXDPBUNP4NM5ICBLCA2YEHPXJA at Yahoo! Answers Mark as irrelevant Undo

Answer:

In the forum it says the interest rate is .0003 so times 24 mill by .0003 which is $7200 every real...

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wiki.answers.com Mark as irrelevant Undo

Answer:

Answer It is better to let a banking institution deal with this. This happened to my husband and his...

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