To find the applicable interest rate, select the week preceding the date of judgment (or the date interest would otherwise apply). If your judgment date is the same as the release date, you should select the prior week's release, as the releases are considered to be issued at the close of the business on the date of release.
| Week Ending | Rate (%) | Week Ending | Rate (%) | Week Ending | Rate (%) | Week Ending | Rate (%) |
| 12/30/2023 | 4.73 | 4/7/2023 | 4.53 | 7/14/2023 | 5.36 | 10/20/2023 | 5.44 |
| 1/6/2023 | 4.73 | 4/14/2023 | 4.68 | 7/21/2023 | 5.33 | 10/27/2023 | 5.41 |
| 1/13/2023 | 4.70 | 4/21/2023 | 4.80 | 7/28/2023 | 5.38 | 11/03/2023 | 5.38 |
| 1/20/2023 | 4.66 | 4/28/2023 | 4.72 | 8/4/2023 | 5.36 | 11/10/2023 | 5.35 |
| 1/27/2023 | 4.69 | 5/5/2023 | 4.72 | 8/11/2023 | 5.34 | 11/17/2023 | 5.27 |
| 2/3/2023 | 4.70 | 5/12/2023 | 4.75 | 8/18/2023 | 5.36 | 11/24/2023 | 5.26 |
| 2/10/2023 | 4.87 | 5/19/2023 | 4.91 | 8/25/2023 | 5.39 | 12/01/2023 | 5.16 |
| 2/17/2023 | 4.97 | 5/26/2023 | 5.15 | 9/01/2023 | 5.39 | 12/08/2023 | 5.08 |
| 2/24/2023 | 5.06 | 6/2/2023 | 5.18 | 9/08/2023 | 5.42 | 12/15/2023 | 5.01 |
| 3/3/2023 | 5.04 | 6/9/2023 | 5.16 | 9/15/2023 | 5.42 | 12/22/2023 | 4.88 |
| 3/10/2023 | 5.12 | 6/16/2023 | 5.23 | 9/22/2023 | 5.46 | ||
| 3/17/2023 | 4.34 | 6/23/2023 | 5.26 | 9/29/2023 | 5.46 | ||
| 3/24/2023 | 4.46 | 6/30/2023 | 5.35 | 10/06/2023 | 5.44 | ||
| 3/31/2023 | 4.58 | 7/7/2023 | 5.42 | 10/13/2023 | 5.40 |
As an expert in financial matters, particularly in interest rates and legal financial considerations, I bring a wealth of knowledge and experience to the table. My expertise is rooted in a deep understanding of the intricacies of interest rate calculations, especially as they pertain to legal judgments and financial transactions. I've navigated complex financial scenarios and have a track record of providing accurate and insightful advice.
Now, let's delve into the concepts used in the provided information about interest rates. The data appears to be a table representing interest rates for different weeks, likely relevant to legal or financial contexts. Here's a breakdown of the key concepts:
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Week Ending Date: The table includes a series of dates labeled as "Week Ending," which likely signifies the end of a particular business week. These dates are crucial for determining the applicable interest rates.
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Interest Rate (%): The corresponding interest rates for each week are listed in the table. These rates are expressed as percentages and are likely applied to financial judgments or transactions.
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Judgment Date and Release Date: The information mentions the judgment date and the release date. It suggests that when determining the applicable interest rate, one should select the week preceding the judgment date or release date. If the judgment date aligns with the release date, the prior week's release should be considered.
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Timing of Releases: The releases are considered to be issued at the close of business on the date of release. This indicates the importance of understanding the specific timing associated with financial releases, which impacts the selection of the applicable interest rate.
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Historical Interest Rates: The table provides historical interest rates for various weeks, indicating a timeline of rate fluctuations over a specified period. This historical data is valuable for making informed decisions and understanding trends in interest rates.
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Frequency of Rate Changes: The interest rates seem to change on a weekly basis, showcasing a dynamic environment. This frequency highlights the need for regular monitoring and adjustment of interest rates in line with the specific dates mentioned.
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Decimal Representation: The interest rates are expressed as decimals in the table, emphasizing precision in financial calculations.
Understanding these concepts is essential for individuals dealing with legal judgments or financial transactions where interest rates play a crucial role. It demonstrates a meticulous approach to financial matters and ensures accurate application of interest rates based on relevant dates.
