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Effective annual interest rateAn annual measure of the time value of money that fully reflects the effects of compounding.
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Effective annual interest rateDefinition The actual annual interest rate that accrues, after taking into consideration the effects of compounding (when compounding occurs more than once per year).
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Effective annual interest ratethe interest rate as if it were compounded once per time period rather than several times per period.
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Effective annual interest rateThe effective annual interest rate expresses the customer's actual expenses for a loan every year.
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Effective annual interest rateEffective annual interest rate is the percentage rate that represents one year's yield on an investment, including the effects of compounding. When interest is compounded more often than once a y [..]
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Effective annual interest rateis the rate of interest an investor earns in a year after accounting for the effects of compounding.
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Effective annual interest rateThe rate that is actually earned by the end of a year.
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Effective annual interest rate The actual rate of interest earned (paid) after adjusting the nominal rate for factors such as the number of compounding periods per year. [Chapter 3] Efficient financial market
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Effective annual interest rateAn annual measure of the time value of money that fully reflects the effects of compounding.
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