2004 Applicable Federal Rates

December

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.48%2.46%2.45%2.45%
Mid-term (>3 yrs <9 yrs)3.56%3.53%3.51%3.50%
Long-term (>9 yrs)4.68%4.63%4.60%4.59%
 

November

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.37%2.36%2.35%2.35%
Mid-term (>3 yrs <9 yrs)3.55%3.52%3.50%3.49%
Long-term (>9 yrs)4.70%4.65%4.62%4.61%
 

October

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.26%2.25%2.24%2.24%
Mid-term (>3 yrs <9 yrs)2.26%3.59%3.57%3.56%
Long-term (>9 yrs)4.84%4.78%4.75%4.73%
 

September

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.34%2.33%2.32%2.32%
Mid-term (>3 yrs <9 yrs)3.84%3.80%3.78%3.77%
Long-term (>9 yrs)5.03%4.97%4.94%4.92%
 

August

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.37 %2.36 %2.35 %2.35 %
Mid-term (>3 yrs <9 yrs)4.00%3.96%3.94%3.93%
Long-term (>9 yrs)5.21%5.14%5.11%5.09%
 

July

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)2.26 %2.25 %2.24 %2.24 %
Mid-term (>3 yrs <9 yrs)4.11%4.07%4.05%4.04%
Long-term (>9 yrs)5.34%5.27%5.24%5.21%
 

June

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.98 %1.97 %1.97 %1.96 %
Mid-term (>3 yrs <9 yrs)3.89 %3.85%3.83%3.82%
Long-term (>9 yrs)5.20%5.13%5.10%5.08%
 

May

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.50 %1.49 %1.49 %1.49 %
Mid-term (>3 yrs <9 yrs)3.16%3.14%3.13%3.12%
Long-term (>9 yrs)4.65%4.60%4.57%4.56%
 

April

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.47 %1.46 %1.46 %1.46 %
Mid-term (>3 yrs <9 yrs)3.15%3.13%3.12%3.11%
Long-term (>9 yrs)4.56%4.61%4.58%4.57%
 

March

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.58 %1.57 %1.57 %1.56 %
Mid-term (>3 yrs <9 yrs)3.34%3.31%3.30%3.29%
Long-term (>9 yrs)4.84%4.78%4.75%4.73%
 

February

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.62 %1.61 %1.61 %1.60 %
Mid-term (>3 yrs <9 yrs)3.44%3.41%3.40%3.39%
Long-term (>9 yrs)4.94%4.88%4.85%4.83%
 

January

Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term (<3 yrs)1.71 %1.70 %1.70 %1.69 %
Mid-term (>3 yrs <9 yrs)3.52%3.49%3.47%3.46%
Long-term (>9 yrs)5.01%4.95%4.92%4.90%