baking powder Baking powder is a mixture of one or more acidic salts and baking soda, an alkali. These two compounds react when they get wet and release carbon dioxide gas bubbles. These, in turn, cause baked goods to rise. Baking powder is perishable.
An Illinois Court held that the Illinois statutory rate of 9% interest is to be applied to the amounts due on a mortgage loan after foreclosure judgment is entered and before the foreclosure sale is confirmed.
Current Interest Rates. Federal Direct Loans disbursed on or after 7/1/16 and before 7/1/17 have an interest rate of 3.76% for undergraduate students and 5.31% for graduate or professional students, compounded at a quarterly rate. To learn more about how interest is calculated, click here.