Best answer

5-6 Year Annuity Rate Sentinel Security Life (A.M. Best: B++) has the highest 5 year rate of 3.35%. Atlantic Coast Life (A.M. Best: B++) has the highest 6 year rate of 3.42%. This is an effective rate, resulting from a 4.25% rate in the first year and a 3.25% rate for the remaining 5 years in the guaranteed term.

Answered by: Gregor Thomas Date created: May 27, 2022

How do you use the rate function?

Asked By: Harmon758 Date created: May 10, 2022

The Excel RATE function is a financial function that returns the interest rate per period of an annuity. You can use RATE to calculate the periodic interest rate, then multiply as required to derive the annual interest rate. The RATE function calculates by iteration. nper - The total number of payment periods.

Answered By: Solomon Rutzky Date created: May 12, 2022

What is the best refinance rate today?

Asked By: A. Rodas Date created: May 19, 2022

Current mortgage and refinance ratesProductInterest RateAPR10-Year Fixed Rate2.580%3.180%30-Year Fixed Rate Jumbo3.130%3.200%15-Year Fixed Rate Jumbo3.080%3.510%5/1 ARM Rate Jumbo2.950%4.030%4 more rows

Answered By: lurker Date created: May 19, 2022

What happens to the present value of an annuity as the interest rate increases quizlet?

Asked By: Billy ONeal Date created: May 18, 2022

What happens to the present value of an annuity if you increase the rate r? Assuming positive cash flows and interest rates, the present value will fall. Assuming a positive interest rate, the present value of an annuity due will always be larger than the present value of an ordinary annuity.

Answered By: wong2 Date created: May 20, 2022

Should I lock or float my mortgage rate today?

Asked By: Omry Yadan Date created: May 18, 2022

A “float down” option is actually the best of both worlds: you can lock in the current rate, but if the market changes and rates drop even further, the lender will provide you with an even lower rate. Borrowers can vet lenders with different loan rate lock features on Credible.

Answered By: geowa4 Date created: May 19, 2022

What is rate formula in Excel?

Asked By: Chris Kooken Date created: May 09, 2022

The Excel RATE function is a financial function that returns the interest rate per period of an annuity. You can use RATE to calculate the periodic interest rate, then multiply as required to derive the annual interest rate. The RATE function calculates by iteration. nper - The total number of payment periods.

Answered By: Pᴇʜ Date created: May 11, 2022

What is the best mortgage rate today in Canada?

Asked By: Cassio Seffrin Date created: May 22, 2022

Best Mortgage Rates in CanadaLenderRateWeekly ChangeTD Get This Rate2.34% 5-YEAR FIXED HIGH-RATIO INSUREDNo changeBMO2.34% 5-YEAR FIXED HIGH-RATIO INSUREDNo changeCIBC2.37% 5-YEAR FIXED HIGH-RATIO INSUREDNo changeNational Bank2.44% 5-YEAR FIXED HIGH-RATIO INSUREDNo change25 more rows

Answered By: Orelsanpls Date created: May 23, 2022

What is the mortgage index rate today?

Asked By: raina77ow Date created: May 17, 2022

For today, Thursday, May 13, 2021, the benchmark 30-year fixed mortgage rate is 3.050% with an APR of 3.270%. The average 15-year fixed mortgage rate is 2.350% with an APR of 2.650%.

Answered By: Brian Willis Date created: May 17, 2022

What is the selling rate of US dollar today?

Asked By: Paristar Date created: May 10, 2022

Foreign Exchange RatesCurrencySellBuy (Cash)USD148.60131.10GBP210.80201.00CAD125.00117.50EUR184.00173.703 more rows

Answered By: Wiktor Stribiżew Date created: May 12, 2022

What happens to the present value of an annuity as the interest rate increases?

Asked By: Mike Lischke Date created: May 24, 2022

As the interest rate rises the present value of an annuity decreases. This is because the higher the interest rate the lower the present value will need to be. The natural compounding factor of higher interest would necessitate a lower present value.

Answered By: Mario F Date created: May 24, 2022

What is the lowest interest rate for a car loan?

Asked By: Mayank Pandeyz Date created: May 12, 2022

Compare the Best Auto Loan RatesLenderLowest RateTermsPenFed Credit Union Best Overall1.39%36 to 84 monthsLightStream Best Online Auto Loan2.49%24 to 84 monthsBank of America Best Bank for Auto Loans2.49%12 to 75 monthsConsumers Credit Union Best Credit Union for Auto Loans2.69%0 to 84 months4 more rows

Answered By: Bill Date created: May 14, 2022

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