If you're new to the leg-makeup scene, this is a good starter one. Dr. Perricone Supermodel Legs. Unfortunately, this baby is no longer being produced, but you can still find it on Amazon and the beauty black market (a.k.a. eBay). And you shouldâbecause it's that fantastic.
The Small Business Administration (SBA) sets the maximum interest rates that banks can charge on 7A loans. The current maximum interest rate ranges from from 6.25% â 8.75%, depending on the size of the loan and the amount being borrowed.
This number is typically monthly, so if a lender says the small business has two years to pay the loan back, the number of periods is 24. For example, a small-business owner obtains a loan for $20,000.He has two years to pay the loan back and the lender provides him with a 6 percent interest rate.Step 2. Calculate the monthly interest rate.Lenders will provide the interest rate for the year, so the rate must be divided by 12 to determine how much of the interest applies on a monthly basis. In our example, 6 percent divided by 12 months equals 0.005.tep 2. Calculate the monthly interest rate. Lenders will provide the interest rate for the year, so the rate must be divided by 12 to determine how much of the interest applies on a monthly basis. In our example, 6 percent divided by 12 months equals 0.005.