mid term int rates

L1: mid term int ratesThe current 120% rate is 4.56. Does this mean I can take 120% times 4.56 or just the 4.56%? In other words, is does the 4.56 include the 120%?2005-02-22 18:52, By: pensioneer, IP: [4.41.96.25]
L2: mid term int ratesYou can”t take 4.56% or 120% of the 4.56%
I suggest that you start by reading the FAQ or purchase Bill”s book to find out how interest rates are used.
The 4.56% is an interest rate thatcan be used next month as part of the input on the amortization or annuity methods. 2005-02-22 19:23, By: Gfw, IP: [172.16.1.75]