Interest Rate

See also: interest

created by mutant

(thing) by mutant (2.5 y) (print) ? (I like it!) Fri Mar 31 2000 at 9:44:37

Interest Rate

An interest rate - aka rate of return is compensation received by an for lending money.

Most commonly we know about interest rates from bank or checking account deposits; in return for lending the bank money - making a deposit - we receive compensation for our loan.

This compensation is known as the interest rate.

There are two main ways that we are able to calculate the amount of compensation received; simple interest and compound interest.

printable version
chaos

interest	compound interest	Lump of labor fallacy	Fed funds rate
debt is serfdom	Selling a house	online banking	CD
euro	You'll earn a fortune	conforming loan	earnings yield
Individual Retirement Account	Bank of England	Money	Checking account
Bank	Govern yourself accordingly	return	Nissan Sentra
Pensions crisis	George W. Bush's 2005 State of the Union Address	1929	Republican Revolution

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