The “rate” is what the banks charge each other for borrowing or storing money. Here is a table that lists various rates of interest that banks charge.
The reason the rates are so high is because banks charge so many different rates for the same service. For example let’s say you want to buy some stock, but you only have $10,000 to buy the stock. The rate you will get is the rate of the stock you will get. If you do the math you will get 10% interest, but that is only the rate that you will get. The rates other banks charge are more like half the price (e.g.
The interest rate you will get for buying a stock on the internet is the rate that you will get when you put it in an account at a bank.
The rate banks and Wall Street charge each other is the amount of interest that you would pay on the initial loan. If you are borrowing money with an interest rate of 10% and you pay the same amount of interest to the bank for that loan, then your interest rate will be 10%. If you are borrowing money with an interest rate of 12% and you pay the same amount of interest to the bank for that loan, then your interest rate will be 12%.
Of course, banks charge more than interest in any given year because they also want to make profits, so they are constantly trying to extract more money from you. This is why the banks have the process of “making loans” to your bank account called a “loan.” A loan is a short-term financial transaction for which you will pay interest on in return for the loan.
The other thing to note is that some banks charge a different rate on a loan than is the case with interest. This is because they charge a higher amount of interest then they charge interest on your principal, so you might get a more attractive loan than a lower interest loan.
Loans are a great way to get yourself an extra dollar. But lenders can also make it difficult to get one. So if you know that you have a credit card and would like to get a loan, you can ask banks to freeze your account and then ask them for a smaller loan, instead of freezing your account and asking for a bigger loan. This is called “foreclosure” or “foreclosure mediation.
The way I see it, the interest rate is the interest rate on your principal.
In this case, the interest rate is the interest rate banks charge each other for borrowing or storing money.
This is a topic that you would think is pretty obvious, but a friend of mine tells me that this is a myth.