What is the interest rate that we pay on the national debt?

What is the interest rate that we pay on the national debt?
by

1 Answer

Answer :

By my calculations, it’s generally around 4.7% every year (I could have calculated this wrong). Check out these pages: Historical debt outstanding Interest expense on the debt outstanding
by

Related questions

If the economy is in such bad shape that the president is signing bail-out bills, why are charge card companies allowed to increase their interest rate?

Description : If the economy is in such bad shape that the president is signing bail-out bills, why are charge card companies allowed to increase their interest rate?

Last Answer : They sneaked the increases in before the legislation took hold.

In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Last Answer : Feel Free to Answer

Given what the threat of a Greek default is doing, what would the Tea Party have done to world financial stability if they had managed to force a US default on debt?

Description : Given what the threat of a Greek default is doing, what would the Tea Party have done to world financial stability if they had managed to force a US default on debt?

Last Answer : I'm not so sure as to the specifics of what might happen. I'm not an economist so my best guess is it would be a major disaster? I'm also not sure whether the Tea Party freshmen really understand the ... I'm not sure they even care about what happens to the world. Do they even think about it at all?

Is it true what I heard about our China debt?

Description : Is it true what I heard about our China debt?

Last Answer : I would have to Google it to be sure – as you can – but it makes sense. We don’t really give a lot of foreign aid and we do have a lot of Chinese debt.

What if every person, company and government in the world forgave every debt owed them?

Description : What if every person, company and government in the world forgave every debt owed them?

Last Answer : I don’t think it would last very long… Just as soon as we are out of debt we would no doubt be plunging right back in.

Is it possible for creditors to forgive debt, and could that be solution to the country's/world's problems?

Description : Is it possible for creditors to forgive debt, and could that be solution to the country's/world's problems?

Last Answer : answer:This is done all the time, but the bill still has to be picked up by somebody. The U.S. has occasionally forgiven some foreign debt, but it gets paid for by the taxpayers. The credit ... understand all of the nuances, but the bottom line is that the piper must eventually be paid by someone.

What is distressed debt ?

Description : What is distressed debt ?

Last Answer : Loans which are not repaid on time are called distressed loans.

How many ingredients are there in interest ?

Description : How many ingredients are there in interest ?

Last Answer : : Mate interest has four components: a. Net interest: The capital that is taken as a loan , the financial value of the capital is calculated only by the amount to be paid, that is net ... receipt for the incidental expenses incurred by the lender with net or net interest is called mat interest.

What is Mate Interest ?

Description : What is Mate Interest ?

Last Answer : The extra money that a borrower pays to a lender for a loan taken for a fixed period of time is called interest.

Would you feel positive to a system where you can pay with you cell phone?

Description : Would you feel positive to a system where you can pay with you cell phone?

Last Answer : They have used it in Japan for almost 10 years. Pretty sure it’s a good system. So, yes, I would love to pay with my cell phone. Both options should be a available – identity and pre-pay.

What is Pay-Order ?

Description : What is Pay-Order ?

Last Answer : A pay-order is a document that guarantees a certain amount of money to a customer of a branch of a bank.

What is the name of the largest national bank institution in India ?

Description : What is the name of the largest national bank institution in India ?

Last Answer : The name of the largest national bank institution in India is: SBI.

Who is the first to measure the national income of India ?

Description : Who is the first to measure the national income of India ?

Last Answer : Dadabhai Nowrozi was the first to measure the national income of India.

What is the Executive Committee of the National Economic Council (ECNEC) ?

Description : What is the Executive Committee of the National Economic Council (ECNEC) ?

Last Answer : The Executive Committee of the National Economic Council is the highest body for implementing the policy set by the National Economic Council ( NEC) . Final approval of projects other than foreign- ... concerned Ministries and Chief of Army Staff of ECNEC. This meeting is usually held every week.

When is the national agricultural policy formulated ?

Description : When is the national agricultural policy formulated ?

Last Answer : National Agriculture Policy was formulated in 1999.

What is the contribution of agriculture and forestry sector in national production in 2015-16 financial year ?

Last Answer : : The contribution of agriculture and forestry sector to the national production of Bangladesh in the financial year 2015-16 is 169262 crore.

What is the contribution of agriculture and forestry sector to the total national product of Bangladesh in the financial year 2014-15 ?

Last Answer : The contribution of agriculture and forestry sector to the gross national product of Bangladesh is 14.33 percent in FY 2014-15.

What is the contribution of agriculture and forestry sector to the Gross National Product in FY 2014-15 ?

Last Answer : In the financial year 2014-15, the contribution of agriculture and forestry sector to the total national product of Bangladesh is 16500 crore.

What are the consequences of the declining birth rate in the U.S.?

Description : What are the consequences of the declining birth rate in the U.S.?

Last Answer : I saw a very scary documentary about Muslims taking over Europe and the US, through the declining birth rate. It was on You Tube and if you search Muslims are taking over the world, it shows stats on the birth rate in the US and Europe and it bothered me.

What is 'exchange rate' in economics ?

Description : What is 'exchange rate' in economics ?

Last Answer : Exchange rate basically means the exchange rate of foreign currency. The currency of one country is not generally accepted in another country for the settlement of foreign debts. For this reason, ... countries change or exchange is called the exchange rate or the exchange rate of foreign currency.

What is bank rate ?

Description : What is bank rate ?

Last Answer : The rate at which the central bank lends to commercial banks or the commercial banks discount the bills is called the bank rate.

What was the wage rate index in 2011-12 financial year ?

Description : What was the wage rate index in 2011-12 financial year ?

Last Answer : Wage rate index 174 in 2011-12 financial year.

What is the rate of inflation in 2010-11 financial year ?

Description : What is the rate of inflation in 2010-11 financial year ?

Last Answer : Inflation rate of 7.31% in FY 2010-11.

What is the rate of inflation in 2011-12 financial year ?

Description : What is the rate of inflation in 2011-12 financial year ?

Last Answer : Inflation rate of 7.60% in FY 2011-12

Why don't we create jobs through infrastructure improvement projects (like during the Great Depression)

Description : Why don't we create jobs through infrastructure improvement projects (like during the Great Depression)

Last Answer : That is a part of the President’s plan.

If we Blame the Economy, isn't that a bit of a cop-out? Aren't we really blaming ourselves?

Description : If we Blame the Economy, isn't that a bit of a cop-out? Aren't we really blaming ourselves?

Last Answer : If you want to accept the blame for all the ills within the US including the economy by all means be my guest. But I'm not going to join you. I have been the unwilling participant in a great many ... an unconscious bias we have. We need to get REAL. I will now relinguish the pulpit to someone else.

Are we in a double dip recession or is it just slow growth?

Description : Are we in a double dip recession or is it just slow growth?

Last Answer : My vote is slow growth, and the growth is not a perfectly straight line on the way up, it zigs and zags a little, you have to look at overall trends.

Have we hit rock bottom in the economy? If not, when? Sooner or much later?

Description : Have we hit rock bottom in the economy? If not, when? Sooner or much later?

Last Answer : We are in the middle of a sturdy recovery. Maybe you should read the paper once in a while.

Will the Great Depression of the 1930s seem like a relatively peaceful and gentle period compared to the "storm we are sailing into now?"?

Description : Will the Great Depression of the 1930s seem like a relatively peaceful and gentle period compared to the "storm we are sailing into now?"?

Last Answer : I wonder sometimes about the self-manifestation of problems…

And we needed financial incentives for companies to make wooden arrow heads why?

Description : And we needed financial incentives for companies to make wooden arrow heads why?

Last Answer : answer:Apparently, in Oregon the children are missing out on the great sport of bow hunting because of the additional $.39 being added on to the cost of an arrow. This was inserted on ... like this is repealing part of the Pittman-Robertson Act which was intended to benefit wildlife preservation.

Can we prevent the recession?

Description : Can we prevent the recession?

Last Answer : I can’t help but wonder if we should even be trying. It seems a natural part of the ebb & flow of economics. In many ways, it’s a correction mechanism and artificially preventing that seems to bring on its own risks.

Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Description : Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Last Answer : (2) transfer payments by the Govt. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These ... interest on public debt, social security, and government making subsidies for certain businesses (firms).

Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households

Description : Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households

Last Answer : (2) Transfer payments by the government. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments ... central government. In the budget, it is listed among the transfer payments by the government.

From the information given below, calculate Debt service coverage Ratio– Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6,000, Debenture Redemption Fund Appropriation of Outstanding Debentures 10%. (A) 4•06 times (B) 5•06 times (C) 6•06 times (D) 7•06 times

Description : From the information given below, calculate Debt service coverage Ratio- Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6 ... . (A) 4 06 times (B) 5 06 times (C) 6 06 times (D) 7 06 times

Last Answer : Answer: 4•06 times

Which of the following will result in the highest interest rate: a. Issuing Bonds. b. Issuing Stock. c. Current Debt. d. Emergency Loan. e. Both a combination of a and b.

Description : Which of the following will result in the highest interest rate: a. Issuing Bonds. b. Issuing Stock. c. Current Debt. d. Emergency Loan. e. Both a combination of a and b.

Last Answer : d. Emergency Loan.

Emergency loans are made at what rate over the normal Current Debt interest rate? a. 5% b. 7.5% c. 10% d. 12% e. 25%

Description : Emergency loans are made at what rate over the normal Current Debt interest rate? a. 5% b. 7.5% c. 10% d. 12% e. 25%

Last Answer : b. 7.5%

Debt financing is a cheaper source of finance because of A. Time value of Money B. Rate of Interest C. Tax deductibility of Interest D. Dividends not payable to lenders.

Description : Debt financing is a cheaper source of finance because of A. Time value of Money B. Rate of Interest C. Tax deductibility of Interest D. Dividends not payable to lenders.

Last Answer : C. Tax deductibility of Interest

Why is the minimum wage going up?

Description : Why is the minimum wage going up?

Last Answer : Inflation

Is Trump crippling our economy to strengthen Russia's?

Description : Is Trump crippling our economy to strengthen Russia's?

Last Answer : Seems that way, Trump is Putin’s puppet more than anyone knows. And I truly hope that comes to light when Mueller makes his report public.

What are your economic cues?

Description : What are your economic cues?

Last Answer : My sister bought a house and SUV in 1999. My sister bought a house and SUV in 2006. My sister bought a house and SUV 11 months ago. I AM NOT JOKING It is like when it gets good enough for my sister to spend money it all goes to shit.

Is the cause of the 2008 financial crisis, something about it not being illegal?

Description : Is the cause of the 2008 financial crisis, something about it not being illegal?

Last Answer : There were a lot of illegal acts that contributed to the crisis- securities fraud and violations of banking regulations. But there was a general disregard for prosecuting anyone. The Department of Justice did not file criminal charges against anyone.

Will India become a rich country as it was earlier?

Description : Will India become a rich country as it was earlier?

Last Answer : I think it will tend to get “richer” in several ways… until/unless something terrible happens there, such as intolerably increased peak temperatures due to climate change.

What should people have a right to?

Description : What should people have a right to?

Last Answer : I would hope pretty much all of that, both for person A or B, with the most marginal ones to me being: pre-school child care (depending on what you mean) And I would add as well: 15. food (even ... 'd like to do, not that they get shamed and abandoned and made to do something that doesn't suit them.

How do you think businesses are faring in their first quarter under Trump?.

Description : How do you think businesses are faring in their first quarter under Trump?.

Last Answer : answer:If your business is federally regulated (telecoms, oil, transportation) or involved in the defense or prison industries, you did fine. With everyone else it’s really too early to tell.

What will happen when the world runs out of oil-based fuels?

Description : What will happen when the world runs out of oil-based fuels?

Last Answer : Resource wars, culminating in global thermonuclear war and the end of human civilisation.

Should companies be able to hire foreign workers, if they can't find locals to fill the position?

Description : Should companies be able to hire foreign workers, if they can't find locals to fill the position?

Last Answer : Here in B.C the restaurant , and mining industry were guilty of this,should industry be able to do this? I have always been to told by die hard conservatives that wages will go up when there is a ... found a way to circumvent it, should industry be allowed or should they be called to task on it?

What percent of the 1% are Democrat or Republican?

Description : What percent of the 1% are Democrat or Republican?

Last Answer : New York Times says 58% of the 1% are Conservative or Republican

Prompted by a previous question, do you know of a number of adult children who are helping their elderly parents financially if their pension is not adequate?

Description : Prompted by a previous question, do you know of a number of adult children who are helping their elderly parents financially if their pension is not adequate?

Last Answer : I work with a lot of elderly patients. Many of them have children that help out with finances and personal care. For most of them, the help is minimal, but for some, it is pretty substantial.

What benefits has America experienced in the wake of the recession?

Description : What benefits has America experienced in the wake of the recession?

Last Answer : answer:A long term benefit is the restructuring of the housing finance market. It still has a long way to go, and a lot of people were hurt from 2007 to 2010; but it has gotten at least ... falsified mortgages and low cost enticing loans. In th along run, that will make the economy a bit healthier.

Does "country of origin" influence your purchasing decisions?

Description : Does "country of origin" influence your purchasing decisions?

Last Answer : answer:It doesn't influence me much. I don't see why it's not beneficial to the USA to at least attempt to have a robust manufacturing sector though. The problem is there are ... years ago? Emergent technology matures, and eventually imitators crop up and undercut the originator of the technology.