AboutNumbers.com

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About Numbers.com

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Prime Interest Rate: How does the Federal Reserve calculate the Prime Rate?
The most credit worthy customers of a bank qualify for its prime interest rate and only a small percentage of borrowers will be offered this rate. The rate is generally, but not always, the same at all banks. Since very few loan applicants will be offered the prime interest rate why is it of interest to almost all borrowers? Most interest rates on all credit instruments are in some way tied to the prime rate thus making it of great import to even the most challenged credit candidate. Read more
Earth’s Age: How old is the Earth?
Well, the universe itself is thought to have had its beginnings with the Big Bang which occurred anywhere from six to fifteen billion years ago.


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