The U-boat Campaign from 1914 to 1918 was the World War I naval campaign fought by German U-boats against the trade routes of the Allies.It took place largely in the seas around the British Isles and in the Mediterranean.he last significant role played by U-boats in World War I was the suppression of the German naval mutiny that same month, when they stood ready to fire without warning on any vessel flying the red flag.
Interest rate cap: 9.5%. Summary: Interest rates on new federal student loans are fixed for the life of the loan. For loans taken out for the 2016-2017 school year, undergraduate students receive a 3.76% interest rate and graduate students receive a 5.31% interest rate.
DEFINITION of 'Interest Rate'. The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include, cash, consumer goods, large assets, such as a vehicle or building. Interest is essentially a rental, or leasing charge to the borrower, for the asset's use. In the case of a large asset, like a vehicle or building, the interest rate is sometimes known as the lease rate.