effective annual rate
2023年11月15日—Calculatetheeffectiveannualrate(EAR)fromthenominalannualinterestrateandthenumberofcompoundingperiodsperyear.,Theeffectiveinterestrateistheactualpercentinterestthataborrowerpaysontheirloanorearnsontheirinvestment.Theformulaforeffect...
Stated Annual vs. Effective Annual Return
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...effectiveannualinterestratewouldbe34.48%.Insuchscenarios,bankswilltypicallyadvertisethestatedinterestrateinsteadoftheeffectiveinterest ...
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