Effective Rate

Effective rate may refer to:

  • Effective tax rate
  • Effective interest rate

Other articles related to "rate":

Nominal Interest Rate - Nominal Versus Effective Interest Rate
... The nominal interest rate is the periodic interest rate times the number of periods per year ... For example, a nominal annual interest rate of 12% based on monthly compounding means a 1% interest rate per month (compounded) ... A nominal interest rate for compounding periods less than a year is always lower than the equivalent rate with annual compounding (this immediately follows from elementary algebraic manipulations of the formula for ...

Famous quotes containing the words rate and/or effective:

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