Sentences with phrase «digit nominal interest»

Double - digit nominal interest rates on savings accounts were commonplace but so was double - digit inflation; prices increased by 11.3 % in 1979 and 13.5 % in 1980.

Not exact matches

These small emergency loans come with a three - digit interest rate against a very nominal amount determined by the lender to be paid in 30 days.

I believe a mid-single digit nominal rate of return over the next 5 - 10 years in the current interest rate environment would be a somewhat optimistic outlook for U.S. stock market returns.