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  • Interest rates

    Does anyone know what this interest rate equates to in APR terms.

    Cash interest rate .1401360 to .2083920.

    Its off a coms log obtained in a SAR. I cant get my head round what they are saying.

    Cheers in advance

  • #2
    Re: Interest rates

    Just a guess, but prob 14 to 20% APR.
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    • #3
      Re: Interest rates

      use our free calculator - that's why I built them!

      ---> allaboutDEBT | Our Calculators | Rate Conversion Calculator
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      • #4
        Re: Interest rates

        Cheers guys.

        Aha so if the decimal point was moved this would become the monthly rate. Pop that in the calculator and it is indeed as you say SxGuy

        Makes sense within the context of what I am looking at. That really is good news for us.

        Apologies for not realising the calculators were there. Slaps to me

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