Definition of «yearly rate»

The phrase "yearly rate" refers to the amount of something that happens, is earned, or is charged per year.

Sentences with «yearly rate»

  • The Rule of 72 is a rough guide for calculating how long it would take to double your investment through compound interest, given a fixed yearly rate of return. (money.stackexchange.com)
  • If you're not looking closely, yearly rate increases can cause the price of your premiums to surge dramatically. (definefinancial.com)
  • It often increases the overall yearly rate you pay for your insurance policy, although some life insurance companies now include the rider for free with their initial policy. (bestliferates.org)
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