In contrast to a nominal interest rate, the period of time after that the interest is credited coincides with the basic time unit (normally one year). Thus, given an interest rate of ''i'', an initial capital is increased by the factor (1+''i'') after each time unit. ==See also:== * Interest * Interest rate * Nominal interest rate * list of finance topics Interest rates
See other meanings of words starting from letter:
Words begining with Effective_interest_rate:
Effective_interest_rate
Effective interest rate
In contrast to a nominal interest rate, the period of time after that the interest is credited coincides with the basic time unit (normally one year). Thus, given an interest rate of ''i'', an initial capital is increased by the factor (1+''i'') after each time unit. ==See also:== * Interest * Interest rate * Nominal interest rate * list of finance topics Interest rates
See other meanings of words starting from letter:
E
EA | EB | EC | ED | EF | EG | EH | EI | EJ | EK | EL | EM | EN | EO | EP | ER | ES | ET | EU | EW | EX | EY | EZ |Words begining with Effective_interest_rate:
Effective_interest_rate
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