An interest rate is effective if the stated period of the loan or investment is the same as the compounding period. For example, a year long investment with interest compounded annually. | Numbers and number relations
Title
An interest rate is effective if the stated period of the loan or investment is the same as the compounding period. For example, a year long investment with interest compounded annually.
%title
An interest rate is effective if the stated period of the loan or investment is the same as the compounding period. For example, a year long investment with interest compounded annually.
Subject:
- Mathematics
Category:
- Numbers and number relations