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  #1  
Old 05-15-2008, 06:22 AM
himmi himmi is offline
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Join Date: May 2008
Location: Islamabad/Pakistan
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Post effective interest rate

Calculate the effective interest rate corresponding to 14% per annum, compounding:

i) Quarterly
ii) Monthly

can you guide me to its forumla,

Thankyou
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  #2  
Old 05-15-2008, 09:05 AM
GarySpicuzza's Avatar
GarySpicuzza GarySpicuzza is offline
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Join Date: Oct 2007
Location: Florida/PascoCounty/USA
Posts: 464
Default Re: effective interest rate

Caution you are about to experience a box rant.

I read some of these posts and I wonder why on Earth has the person bothered to take the time to post such readily available information?

Seriously, haven't you heard of Google?

I mean really, I wouldn't expect the General Public to know about a Modified Endowment Contract or a 1035 Exchange or what First In-First Out means or what's meant by the Monthly Cap, Point-to-Point, Annual-Sum indexed method or a 72t SEPP exception... etc.

HERE do you want me to plug in the numbers for you also?

Calculated it yourself! Or do you need the Gubment to help?

You could have done it manually in less time then it took to post your message!


This concludes this box rant.
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Old 05-22-2015, 10:19 AM
alicesmith009 alicesmith009 is offline
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Join Date: May 2015
Posts: 3
Default Re: effective interest rate

Quote:
Originally Posted by himmi View Post
Calculate the effective interest rate corresponding to 14% per annum, compounding:

i) Quarterly
ii) Monthly

can you guide me to its forumla,

Thankyou
Online investment irr calculator helps to determine the standard yearly rate of return on an investment comprising of unequal cash flows. You can choose from Monthly, Quarterly, Semi-Annual, and Annual cash flow intervals. Just the once you select the cash flow frequency and set the beginning time period, automatically the calculator will fill in all successive time periods.
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Old 06-22-2015, 08:30 AM
wafiyag wafiyag is offline
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Join Date: Jun 2015
Posts: 30
Default Re: effective interest rate

You can calculate the amounts by using below mentioned website, it's so simple, if you are living in Abu dhabi and you need a personal loan then strictly go for ADCB bank who provide best interest rate on personal loan than any other bank.
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