Periodic rate: Difference between revisions
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imported>Doug Williamson (Link with rate of return page.) |
imported>Doug Williamson (Expand to mention usefulness.) |
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For example, a periodic rate of discount. | For example, a periodic rate of discount. | ||
Periodic rates are useful for calculating the money amounts of interest or of discount. | |||
Revision as of 20:45, 12 January 2016
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.
