What is a Ratio? A ratio is a comparison of two things. We might compare boys to girls, cars to trucks or hours asleep to hours awake. Whatever we choose to compare can then be written as a ratio. There are three different forms. A ratio can be written as a to b, a : b or ...
Let’s learn more about bounce rates and how to improve them. Bounce Rate vs. Exit Rate Exit rateis the percentage of sessions that end on a particular page or screen. And is equal to the number of exits divided by the number of sessions. Let’s say a visitor lands on an article on...
The pure definition of a cross rate requires that it be referenced in a place where neither currency is used but the term is primarily used to reference a trade or quote that doesn't include the U.S. dollar. Examples of Major Cross Rates Any two currencies can be quoted against each oth...
How Exchange Rates Fluctuate Exchange rates can be free-floating or fixed. A free-floating exchange rate rises and falls due to changes in the foreign exchange market. A fixed exchange rate is pegged to the value of another currency. The Hong Kong dollar is pegged to the U.S. dollar in...
A market rate is the rate the majority of individuals or entities must pay in order to obtain a particular service or piece of property at given point in time. The term is often used during discussions about interest rates, and the market rate is the rate at which borrowers can obtain mon...
A CD is not "breakable" each month. You cannot withdraw principal from it the same way you can with the annuity. A more realistic rate comparison would be between the annuity and a money market account and those interest rates are lower than the annuity rates. Of course, bank CDs and mo...
In accounting, a historical exchange rate is the exchange rate between two currencies that prevailed at the time an asset was acquired or a liability incurred. Historical exchange rates are used when any of a variety of transactions denominated in a foreign currency take place — i.e., ...
This penalty rate is also referred to as a default interest rate or delinquent interest rate. How to Avoid Default Rates It's always tempting to apply for credit cards and loans that offer super-low interest rates. However, just two missed payments mean your interest rate could skyrocket to ...
An exchange rate is the value of one currency expressed in terms of another currency, determining how much of one currency can be exchanged for another.
The prime rate is used as a benchmark for banks to determine the interest rates they want to set for various kinds of loans, including credit cards. Economic conditions can cause the prime rate to increase or decrease. While you have no control over these macroeconomic conditions, you can wo...