The effective annual rate – also called the effective interest rate, the effective rate, or the annual equivalent rate – describes the amount of interest paid or earned on an investment or loan as the result of compounding over the period of a year or some annual timeframe.
Effective Annual Rate
Posted by Exit Promise under FinanceFrom http://exitpromise.com 2855 days ago
Who Voted for this Story
Subscribe
“Adam: I have to re-read the post and see if it is time to start another...”
“Joel: When did you start blogging?
All the Best,
Martin...”
“Thanks Joel! Very true haha!...”
“Adam, Great post. My feeling? It's better to already HAVE a blog than...”
“That's a good list of steps in keeping with self-discipline. I concentrate...”
Comments