· Shopping online for a loan is another option that you could pursue to secure a lower interest rate loan. As of September 2008, the current going rate for a used-car loan for someone with good credit is around 7 percent. Going from an 18 percent loan to a 7 percent loan would save you a huge amount over the life of the loan.
I bought a car for $15,000 and my interest rate runs me 18 percent. I didn't think it was that bad because I am a first-time buyer. I am wondering.
Young workers aged 15 to 24 years old saw drops in the. said in a note that the low jobless rate will likely cement the.
The interest rate is the cost of borrowing money for the principal loan amount. It can be variable or fixed. Show transcribed image text Using a 15 percent interest rate, convert this series of irregular cash flows to an equivalent (in present value terms) 3-year annuity. 3 0. James Street’s son, Harold, is 10 years old today.
Unless, of course, you look to the history of how the respective sides came to their positions and came under the thrall of.
An annual interest rate of 15% translates into an annual interest payment of $45,000.
A) The interest rate is 9 percent and the expected inflation rate is 7 percent. B) The interest rate is 4 percent and the expected inflation rate is 1 percent. C) The interest rate is 13 percent and the expected inflation rate is 15 percent. D) The interest rate is 25 percent and the expected inflation rate is 50 percent.Compare Home Loan Rates 5 Ways to Get the Best Home Equity Loan Rates – NerdWallet – Though home equity loan interest rates are generally lower than rates on credit cards or personal loans, following these tips when you want to.