It gives a comparison between two quantities.
22. The spot Yen/US$ exchange rate is Yen119.795/US$ and the one year forward rate is Yen114.571/US$. If the annual interest rate on dollar CDs is 6%, what would you expect the annual interest rate to be on Yen CDs?
6.7 percent as a rate = 6.7%
60%
No, 0.01 is not written as 0.01% in percent rate. 0.01 in percent rate is 1%.
22.8 or 22.80
The obesity rate in the United States in the 1970s was about 14 percent. In 2000, it had risen to 29 percent. In 2012, the rate was 35 percent.
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4 percent
The unemployment rate for the entire United States in May of 2014 is 6.3 percent. In May of 2013 it was 7.5 percent, for a decline of 1.2 percent.
1951-1963
The current interest rates of US Saving Bonds are 0.2 percent for Series EE Bonds. Series I Bonds have interest rate of 1.18 percent. Series HH Bonds have interest rate of 1.5 percent.
% rate = 88.04%= 324/368 * 100%= 0.8804 * 100%= 88.04%
In 1932-1933(the great depression.)
22. The spot Yen/US$ exchange rate is Yen119.795/US$ and the one year forward rate is Yen114.571/US$. If the annual interest rate on dollar CDs is 6%, what would you expect the annual interest rate to be on Yen CDs?
Not always. It depends of exchange rate of this day and exchanger who can get percent for exchanging.
Unemployment was rampant during the 1930s, due to the stock market crash of 1929 and the resulting economic depression. The unemployment rate for 1933 was 12.8 million people, which was over 23 percent of the labor force.
6.7 percent as a rate = 6.7%