annual percentage rate

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    Meaning of Annual Percentage Rate (APR).

    The term annual percentage rate (APR), also called nominal APR, and the term effective APR, also called EAPR, describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc. It is a finance charge expressed as...
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    Interest Rates and Time value of money

    Description This is a presentation describes the concept of interest, real interest rate, nominal interest rate. Part-05:Interest Rates & The Time Value of Money 1 Interest Rates 2 Introduction ?All of us have either paid and/or received interest at some point of time. ?Those of us who...
    • balajiv.ganesh
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    • additivity principle amortization annual percentage rate calculating effective rate of return evaluating an investment considering present value and future value fisher equation internal rate of return power of compounding what is annuity
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    • Forum: Retail Banking
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