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This is an old revision of this page, as edited by 71.236.26.74 (talk) at 08:37, 5 August 2009 (ownership interest). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Recent addition removed from article

"You need to find the Effective interest rate which is not 12.99%/12. It is Ieff = (1 + r)^(1/n)-1 = (1 + .1299)^(1/12)-1 = 1.02293% To prove my point Using the method below you get a apr of $2500 (1 + .1299/12)^12 = $2844.80 which is 13.791% higher than $2500 meaning a 13.791% apr was used and not the 12.99%. If you use the right number $2500 (1 + .0102293)^12 = $2824.75 which is 12.99% higher than $2500 meaning a 12.99% apr

so the payment would be I= $2500 * ((1+.1299)^(3/12) - 1) = $77.51

The .1299/12 stuff is flat out wrong" Nurg (talk) 10:08, 15 April 2008 (UTC)[reply]


Request:

Can you get me some stuff on interest in other cultures in the past, such as China, Asia, the Americas or the Middle East? Cheers

81.182.174.251 (talk) 13:26, 3 July 2008 (UTC)[reply]

—Preceding unsigned comment added by 81.182.174.251 (talk) 13:23, 3 July 2008 (UTC)[reply] 

Simple Interest

Isn't It

P being pricipal T Being Times R Being Rate It's Me :) O Yea its me.. Washington95 (talk) 16:37, 19 December 2008 (UTC)[reply]

Right. But I in the article is the total interest for the period of the loan. That is why it is the same as your formula, multiplied by the number of periods. --Hroðulf (or Hrothulf) (Talk) 20:53, 20 December 2008 (UTC)[reply]

History of Intrest

Intrest actually started with the sumarians, and —Preceding unsigned comment added by Elbigger1 (talkcontribs) 08:41, 28 December 2008 (UTC)[reply]

Establishing auto-archiver, objections here, please

Page is very long, many comments old. Objections welcome.--Gregalton (talk) 15:14, 20 January 2009 (UTC)[reply]

Interest and the Jews

The article completely missed the Jewish contribution to the charging of interest in Europe, and also the conflicts that arose from their part as money lenders, particularly to the poor. —Preceding unsigned comment added by Pedroinlondon (talkcontribs) 17:18, 14 June 2009 (UTC)[reply]

Other meaning

Could someone add a paragraph on "interest in a company" or "interest (=own a portion of) a loan". There are links to this article that cause confusion. THKS. 71.236.26.74 (talk) 08:37, 5 August 2009 (UTC)[reply]