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How relatively high interest rates affect currency values?
What is important is not high interest rates but high real interest rates: that is, interest rates adjusted for inflation.If a currency has high real interest rates, foreign investors will want to buy into that currency. The increased demand will push up the price of that currency relative to other currencies and so its exchange rate will "improve".
When you are earning interest is it better to have high or low rates?
High rates.However, high interest rates are usually a consequence of high inflation rates and so what matters is not the interest rate but the real interest rate which is the nominal interest rate relative to the inflation rate.Thus a 3% interest rate when inflation is 1% is better that a 5% interest rate when inflation is 4%.
How much interest will you earn?
It depends on the rates on offer.
What is the interest on 300000 savings?
The answer depends on the interest rates on offer and these will vary between lending establishments and between countries.
What is the present value of a 30 year annuity with payments of 7000 per year if interest rates are 8 percent annually?
85,109 if the payments are received at the start of each year and 78,804 if they are received at the end of each year
