As of today, there was no one set interest rate in 1968. On a CD, the interest rate averaged between 5.53 percent and 6.39 percent in 1968. The 2013 rates on CDs are only 1.0 - 1.5 percent.
I-bonds have an annual rate of interest. The best way to find the current rate of interest for an I-bond is to go to the website www.treasurydirect.gov and look up the rate.
daily interest 6/365 = 0.01643 N=3 pv= -500 pmt = -1000 I= 0.01643 fv= ? fv= $3500
The value of 15000 in 1950 compared to today is $148,124.36. This is based on an annual inflation of 3.64 percent resulting in a total inflation of 887.50 percent.
Five years ago, the interest rates on mortgages was only at 0.5 percent. As of today, interest rate on mortgage soared to 2.5 percent. That is 500 percent increase for the past five years.
The total interest would be 73606.07 dollars, approx.
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
Term deposits are deposits kept in the bank for a fixed period of time with earn you interest as decided at the time of making the deposit. You are generally expected to keep your account active and open till the deposit duration. Premature withdrawals attract a penalty on the interest component. Ex: Let us say you open a term deposit of $10,000/- for 1 year at 8% rate of interest today, next year on the same day you would get $10,800/-
In 1962 the value of a dollar was the same as $7.77 in today's time. This is caused by the annual inflation rate of 4.02 percent.
The value today, of 10,000 dollars from 1948 will be about 99,500 dollars. This is estimated at an interest rate of three and a half percent.
A man's annual wage today exceeds the annual wage of his father.
About 11 years. (One quick way to find out how fast your money will double is through the Rule of 72. Divide 72 by the interest rate you're getting--in this instance, 6.5%. 72 divided by 6.5 = 11.07. So, it will take a little over 11 years for your money to double.)
50 percent of the teens are pregnant today!
"A number of credit cards today will offer a no annual fee promotion. In fact, many retailer recently have been offering their own brand of credit cards and promote no fee, no interest, no payments for up to 1 year. An Example is Home Deopt."
today 18 august annual result
$100 in 1924 is worth $1,347.10 in July, 2014. This figure has been computed using an annual inflation of 2.93 percent. The total inflation since 1924 to 2014 is 1247 percent.
You cannot, even in a good economy. Today you might make 5 percent per year. In the good times, you might make 20 percent per year. But, never, 30 percent per month.
Legally in the US a bank is defined as a company that offers both deposit and loan products. There are loan companies that do not offer deposit products. There are brokers and insurance companies that will take deposits and pay interest.
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.
1,111.50 (Annual coupon)