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Prime Rate
The prime rate as set forth in the first edition of the Wall Street Journal for a particular year is the basis for calculating damages for delay under Pa.R.C.P. 238 as revised November 7, 1988. The prime rate published in the first edition of the Wall Street Journal for each of the years specified is as follows:
| Date of Publication |
Prime Rate |
| January 4, 2010 |
3 1/4% |
| January 2, 2009 |
3 1/4% |
| January 2, 2008 |
7 1/4% |
| January 2, 2007 |
8 1/4% |
| January 3, 2006 |
7 1/4% |
| January 3, 2005 |
5 1/4% |
| January 2, 2004 |
4% |
| January 2, 2003 |
4 1/4% |
| January 2, 2002 |
4 3/4% |
| January 2, 2001 |
9 1/2% |
| January 3, 2000 |
8 1/2% |
| January 4, 1999 |
7 3/4% |
| January 2, 1998 |
8 1/2% |
| January 2, 1997 |
8 1/4% |
| January 2, 1996 |
8 1/2% |
| January 3, 1995 |
8 1/2% |
| January 3, 1994 |
6% |
| January 4, 1993 |
6% |
| January 2, 1992 |
6 1/2% |
| January 2, 1991 |
9 1/2% to 10% |
| January 2, 1990 |
10 1/2% |
| January 3, 1989 |
10 1/2% |
| January 4, 1988 |
8 3/34% |
| January 2, 1987 |
7 1/2% |
| January 2, 1986 |
9 1/2% |
| January 2, 1985 |
10 3/4% |
| January 3, 1984 |
11% |
| January 3, 1983 |
11-11 1/2% |
| January 4, 1982 |
15 3/4% |
| January 2, 1981 |
20 1/2-21 1/2% |
| January 2, 1980 |
15-15 1/2% |
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