Nominal & effective interest rate

Описание: We introduce the concept of nominal & effective interest rate and solve various problems:
Intro. To Financial Math:    • Intro. Financial Mathematics  
Financial Math Part 2:    • Financial Mathematics Part 2 (Taxes & Dedu...  
Financial Math Part 3:    • Financial Math Part 3 (Simple interest)  
Financial Math Part 4:    • Financial Mathematics Part 4 (Hire purchase)  
Financial Math Part 5:    • Financial Mathematics Part 5 (Compound int...  
Financial Math Part 6:    • Financial Mathematics Part 6 (Appreciation...  
Financial Math Part 7:    • Financial Mathematics Part 7 (selling & co...  
Financial Math Part 8:    • Financial Mathematics Part 8 (Reducing bal...  
Financial Math Part 9:    • Financial mathematics Part 9 (Future Value...  
Financial Math Part 10:    • Financial Mathematics Part 10 (Loan Prepay...  
Financial Math Part 11:    • Financial Mathematics  Part 11  
Financial Math Part 12:    • Financial Mathematics Part 12  
Financial Math Part 13:    • Financial Mathematics Part 13  
00:36 Intro. to nominal & effective interest rate
08:30 Example 1
12:10 Example 2
15:30 Example 3
18:32 Example 4
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#financial_mathematics #mathematics #finance #taxes #deductions #simple_interest #interest #deposit #hire_purchase #instalments #premiums #compound_interest #appreciation #depreciation #exponential_growth #exponential_decay #selling_price #cost_price #mark_up #red #reducing_balance_method #present value #future_value #Loan_prepayment #curtailment #principal reduction #annuity #annuities #ordinary_annuity #annuity_due #nominal_rate #effective_interest_rate