Two Rates Commonly Used in Time Value of Money Equations, James Tompkins
Автор: Understanding Finance
Загружено: 2014-05-08
Просмотров: 1391
Описание: In this "Understanding Finance Nugget" I define both the effective periodic rate and what is known as the nominal or stated or advertised or annual percentage rate. It is important to know these definitions since one or both are applied to all time value of money equations.
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