Home Equity Loan Rate Articles

More Information

A '''rate''' is a special kind of ratio, of two measurements with different units. It is a comparison of two measurements with different units, such as miles to gallons or cents to pounds. For example, suppose you spend 9 dollars on 2 pounds of candy. The rate $9 / 2 pounds compares the money spent to the number of pounds of candy.
Article from Wikipedia licensed under GNU Free Documentation License.

Last Updated August 11, 2005