“Legal Rate of Interest” pursuant to 14 M.R.S.A. §1602-B(3)

 

Interest Start Date:            Interest Rate:

 

2001                                8% if amount due is less than or equal to $30,000; 6.34% if amount due is greater   than $30,000

 

2002                                8% if amount due is less than or equal to $30,000; 3.28% if amount due is greater   than $30,000

 

1/1/03 to 6/30/03             8% if amount due is less than or equal to $30,000; 2.41% if amount due is greater   than $30,000

 

7/1/03 -12/31/03              4.41%

 

2004                                4.28%

 

2005                                5.77%

 

2006                                7.36%

 

2007                                7.99%

 

2008                                6.42%

 

2009                                3.40%

 

2010                                3.41%

 

2011                                3.30%

 

2012                                3.12%

 

2013                                3.16%

 

2014                                3.13%

 

2015                                3.27%

 

2016                                3.65%

 

2017                                3.87%

 

2018                                4.76%

 

2019                                5.59%

 

2020                                4.53%

 

2021                                3.09%

 

2022                                3.37%

 

2023                                7.73%

 

2024                                7.80%

 

2025                                7.23%

 

 

Note: The interest rate is fixed from the date it begins to run.