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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » the IRX--X reads 16.30 interest rate or something

the IRX--X reads 16.30 interest rate or something Rate this Topic:
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steele1950
Posted : Sunday, August 3, 2008 1:59:33 PM
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Joined: 12/30/2004
Posts: 9
 Just wondering why the scale on the IRX--X says 16% interest rate....The official rate ,from the fed says 1.6% or something like that.
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StockGuy
Posted : Sunday, August 3, 2008 4:00:25 PM

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Joined: 9/30/2004
Posts: 9,187
 It's an index, not the actual interest rate.
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