Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.
Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the circumstances set out in clause 12.2(b)(iii) of the General Terms.
Examples of Annual Interest Rate in a sentence
Fixed Account Guaranteed Minimum Effective Annual Interest Rate – If the Fixed Account is offered, the minimum guaranteed credited rate used to determine the Fixed Account portion of Your Policy Value prior to the Annuity Commencement Date.
The credited interest rate will never be less than the Fixed Account Guaranteed Minimum Effective Annual Interest Rate shown on Page 3.
Conversion Formula: Daily Interest Rate = Annual Interest Rate / 360.
Monthly fee % 0.85% Annual Interest Rate 19.99% Total Fee $145.15 Total Interest $154.08 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.
The daily interest rate is calculated by dividing the Annual Interest Rate by 365.
More Definitions of Annual Interest Rate
Annual Interest Rate. This is the interest rate set out in the Total Advances: The Total Advances is the same as the
Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the
Annual Interest Rate means the annual interest rate described in:
Annual Interest Rate. This is the interest rate set out in the ANNUAL Initial Unpaid Balance: This is the LOAN AMOUNT set out in the LOAN
Annual Interest Rate means the fixed annual nominal rate at which interest is calculated on the balance of the Principal Debt.
Annual Interest Rate. The annual interest rate from the Signing Date through March 25, 2019: 4.9898%. The annual interest rate is composed of the following: (i) LIBOR as of the Signing Date: 2.4898%, and (ii) Margin interest rate: 2.5%. The annual interest rate after March 25, 2019 will be determined on a monthly basis based on the LIBOR type of this loan.
Annual Interest Rate means the interest rate set out in the Schedule of Overdraft Terms. CCCFA: means the Credit Contracts and Consumer Finance Xxx 0000. Commencement Date: the date of first advance.