Periodic rate: Difference between revisions
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== See also == | == See also == | ||
* [[Discount rate]] | * [[Discount rate]] | ||
* [[Effective annual rate]] | |||
* [[Nominal]] | |||
* [[Notional principal]] | * [[Notional principal]] | ||
* [[Periodic rate of interest]] | * [[Periodic rate of interest]] | ||
* [[Principal]] | * [[Principal]] | ||
* [[Rate of return]] | * [[Rate of return]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 06:49, 2 July 2022
1.
Periodic rate of interest.
2.
Any amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period and in relation to an actual or notional principal value.
For example, a periodic rate of discount.
Periodic rates are useful for calculating the money amounts of interest or of discount.
