Periodic rate: Difference between revisions

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imported>Doug Williamson
(Expand to mention usefulness.)
imported>Doug Williamson
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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.


See also