Effective interest rate Guide, Meaning , Facts, Information and Description

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

This is an Article on Effective interest rate. Page Contains Information, Facts Details or Explanation Guide About Effective interest rate

	Web www.E-paranoids.com