From Rise: The Vieneo Province
It would be helpful to list how the interest is applied over time. Is the % listed in the Fleet bank page an annual or monthly rate? How is the interested compounded: continuous, daily, weekly, monthly?
The requested data has been added to the page. The prime lending rate is supposed to mirror that of the United States for lack of a better source to determine this. It isn't automated either, I have to go in and deliberately look it up and then hard-code it in the next server version. What I would like to do is find some relationship, an indicator of the economy... like as the savings go up and the outstanding loans go down the bank will lower interest rates on loans to promote lending... right now that ratio by itself dictates a lending rate of 3.3%. Any thoughts? --reskin 11:02, 19 March 2008 (EDT)