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Where can one find information on how to convert pounds to euros?
There are several places wheren someone can find more information on how to convert pounds to euros. People can visit the nearest bank and ask more information there. They can also find more information on sites like Investopedia, Traveltips and Yahoo Finance.
Prime rate?
interest rate banks charge their best customers
What is the Libor rate?
LIBOR is the interest rate that banks charge each other for one-month, three-month, six-month and one-year loans. LIBOR is an acronym for London InterBank Offered Rate. This rate is that which is charged by London banks, and is then published and used as the benchmark for banks rates all over the world.
How do you understan borrowing in math?
Borrowing is the act of taking with intentions of returning it. If you borrow money, most people will charge interest on the money. Most banks charge interest yearly, sometimes monthly. The interest depends on who or where you borrow the money from.
Can banks exchange your money like 100 pennies for 1 dollar?
Yes, within limits. If you want to change a very large amount there may be a charge, and there may be a delay.
