Interest rates have just increased, does this mean I will earn more interest on my £158 in the Nationwide?
922982
HaHa, you'll be lucky.  A small amount like that will earn you almost nothing in any building society or bank.  If its money you dont actually need to live on you'd be better off buying a few premium bonds.  At least with those, even though the chances are millions to one, you might just get something back if your number comes up. But as for any bank or society increasing profit on your investment, you chances of living to 150 are higher!! Sorry but thats how banks make a profit.
994193
I sure can.  It is neat to find someone who is looking for practice--I really appreciate that.\n\nSo if I have $20,000 invested for 3 years at 5.5% (compounded annually), how much interest do I earn?\n\nHow about if I have $7,500 invested for 12.5 years at 3.75% compounded annually?\n\nAnd finally, what if I have $12,000 invested for 5 years at 4.8% compounded monthly?\n\nHere are the answers you should get (all rounded to the nearest cent):\n$3,484.83\n$4,382.63\n$3,247.69
581029
i would think there would be a few more interest rate increases. The housing market is most likely to cool in the coming months.
673388
Yes, of course! :) Where else are you going to be putting the extra finaid money? \n\nBut you might need to report this on your FAFSA if it's a high number. This might affect how much finaid you will receive. \n\nI've always been told that if the money in your bank account is being saved for buying a house or a car or any other major thing, you shouldn't report it.
1130502
Check on www.bankrate.com for interest rates.  It's always good to save money!
331983
you don't want to find that out. penalties and interest can get costly. if you did this i suggest you amend the return asap.
1025885
save more-invest more and earn more
1124425
the rate that it could adjust to is posted in your note! read your note. You need to refi this note to a fixed rate. With that start rate you must have had some credit issues. Start the process today. I am a loan officer in TN only>
1109808
Are you sure you have written the problem correctly?  As of right now, the answer is infinite or never.\n\nAfter the first year's interest at 18%, that's an extra 9000 added on.  If you're only paying 4900 annually, the loan amount will just increase forever.  I could be missing something obvious, though.
906325
Yes - Thats about what mine was when I bought my house.\n\nLook into first time homeowner or similar programs through your state, that will help you get a better interest rate with an average credit score.
857725
Hi,\n\nCredit card companies rate the amount of money they will lend you by the amount of faith you will pay it back. The more your income is the more they will be willing to give you. But the main factor is your credit rating, ie how good you have been in paying bills in the passed. The more credit you have then pay off, this will also improve your rating. Your limit will probably be quite small, between £300 and £500. Leave it for as long as you can before you request more money from them. Make sure you pay on time and then their trust in you will grow and they will lend you more.\n\nHope this is helpfull
955496
Refinance for a better interest rate.
1119038
This is true.  July 1st of every year the variable interest rate of federal stafford loans (subsidized and unsubsidized) are adjusted based on how our economy is doing.  The formula used is an adjustment to the 91-day treasury bill auction results from the last week of May each year.  This formula is adjust periodically which is why students who borrowed loans prior to the fall of 1996 have slightly higher rates on those loans.\n\nTreasury bill rates have increased significantly in the last year student loans will also increase.\n\nCurrently if you have a Stafford loan and are in-school or in your grace period the interest rate is 4.7%.  If you are in repayment then your rate is 5.3%.  As of July 1, tomorrow, rates will increase to 6.54% for in-school or grace periods and 7.14% for repayment loans.  This is for loans you already have out in your name.  \n\nAlso because of legistlative changes all new loans borrowed after July 1, 2006 will have a fixed interest rate of 6.8%.  (This change was made several years ago.)\n\nIf you currently have loans you can opt to consolidate them by midnight tonight which allows you to lock into your current interest rate, rounded to the nearest 1/8%.  There are several consolidation questions which I have responded to that tell you how to go about that or you can contact me.
30187
Pay off those charges, especially if your interest rate is over 10%.  It's always good to have some money in savings, but if you want your money to go further, get rid of those charges, it's like paying a middleman for an item purchased for YEARS!!!
311274
U won the lotery?? Good for you! Go around the wourld buy a big house and a nice car, invest about 500,000 that way if the investment doesn't pay off you'll still have some money, don't spend TOO much on the house though, remeber there will still be water electric gas and security bills, not to mention the dreaded council tax! Give a million to charity, but don't go too wild with your money or before you know it it'll be gone and you will still need to pay out on your other bills! Good luck on your spending! Enjoy yourself! But don't go too mad!
253596
its around 4-5%. i have a student loan and my interest rate is 4.6%
729341
Depending on your tax code and your personal circumstances you should clear about £232.74