Periodic rate of interest: Difference between revisions
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imported>Doug Williamson m (Link with qualifications page.) |
imported>Doug Williamson (Link with Periodic yield page.) |
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* [[Nominal annual rate]] | * [[Nominal annual rate]] | ||
* [[Periodic interest]] | * [[Periodic interest]] | ||
* [[Periodic yield]] | |||
* [[Quarterly rate]] | * [[Quarterly rate]] | ||
* [[Semi-annual rate]] | * [[Semi-annual rate]] | ||
Revision as of 10:12, 25 October 2015
The total interest for any given period - for example 0.014% per day.
The given period may be less than one year, equal to one year, or more than one year.
Another example of a periodic rate of interest would be 12.36% per two years.
Not to be confused with the effective annual rate and the nominal annual rate, which are different.
