answersLogoWhite

0

The answer depends on the following factors:

  • whether you are paying it or earning it,
  • what the rate of inflation is
  • what your expectations are for the rate of inflation/interest over the duration.
User Avatar

Wiki User

8y ago

Still curious? Ask our experts.

Chat with our AI personalities

EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi

Add your answer:

Earn +20 pts
Q: Is a 4.79 Interest rate good rate?
Write your answer...
Submit
Still have questions?
magnify glass
imp