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MAY 2004 FEDERAL RATES ARE OUT

April 19, 2004

The IRS has issued (Rev. Rul. 2004-44) the minimum interest rates for loans made in May 2004:

Short Term (demand loans and loans with terms of 1-3 years): 1.50%
Mid-Term (loans from 3-9 years): 3.16%
Long-Term (over 9 years): 4.65%

Historical AFRs are available here and via the “Links” page at www.rothcpa.com.

 • Applicable Federal Rates       Bookmark: del.icio.us • Digg • reddit