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imported>Doug Williamson |
imported>Doug Williamson |
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| The total interest for any given period - for example 0.014% per day.
| | #Payment. |
| | | #A generic term for a payment or a receipt. |
| The given period may be less than one year, equal to one year, or more than one year.
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| Another example of a periodic rate of interest would be 12.36% per two years.
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| Not to be confused with the ''effective annual rate'' and the ''nominal annual rate'', which are different.
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| == See also == | | == See also == |
| * [[Compound interest]] | | * [[Payment]] |
| * [[Daily rate]] | | * [[Receipt]] |
| * [[Effective annual rate]] | | * [[Remittance factory]] |
| * [[Nominal annual rate]]
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| * [[Periodic interest]]
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| * [[Quarterly rate]]
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| * [[Semi-annual rate]]
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| * [[Simple interest]]
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Revision as of 10:04, 30 May 2015
- Payment.
- A generic term for a payment or a receipt.
See also
