Task: Convert 3 short tons to pounds (show work) Formula: short tons x 2,000 = lb Calculations: 3 short tons x 2,000 = 6,000 lb Result: 3 short tons is equal to 6,000 lb. For quick reference purposes, below are conversion tables that you can use to convert from lb to short tons, and short tons to lb.
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Definition: The prime interest rate is what U.S. banks charge their best customers. It's usually the best loan rate available to non-banks. It's also called the prime lending rate, the prime rate, or even just prime. Banks base the prime rate on the federal funds rate. That's the rate banks charge each other for special overnight loans. They borrow fed funds from each other to fulfill the Federal reserve requirement each night. For example, o December 15, 2016 the Federal Open Market Committee raised this rate to 0.75 percent.