AFRs for May

The IRS released the Applicable Federal Rates (AFRs) for the month of May:

	Annual	Semiannual	Quarterly	Monthly
Short-term (≤ 3 years)	0.76%	0.76%	0.76%	0.76%
Mid-term (> 3 years but ≤ 9 years)	2.05%	2.04%	2.03%	2.03%
Long-term (> 9 years)	3.58%	3.55%	3.53%	3.52%