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What is an equivalent rate?
Equivalent RatesThe Equivalent Rates calculation is used to find the nominal annual interest rate compounded n times a year equivalent to a given nominal rate compounded m times per year.Two nominal rates with different compounding frequencies are equivalent if they yield the same amount of interest per year (and hence, at the end of any period of time).Input• nominal annual rate for the given rate• compounding frequency for the given rate• compounding frequency for the equivalent rateResults• equivalent nominal annual rate• equivalent periodic rateExample•A bank offers 14.75 % compounded annually.What would be the equivalent rate compounded monthly?InputGiven nominal annual rate:14.75 %Compounding frequency for given rate:annuallyCompounding frequency for equivalent rate:monthlyResultEquivalent nominal annual rate:13.8377 %Answer: 13.8377%.
What is the effective rate for a nominal rate of 8 with semiannual compounding?
It is 8.16%
What is nominal cover to concrete?
it is the clear cover for stirrups. effective cover of the reinforcement = nominal cover+ diameter of stirrups+half diameter of main bars
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
Difference between REER and NEER?
Nominal effective exchange rate (NEER) and Real effective exchange rate (REER)
What is nominal interest?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
What is the nominal annual rate of return?
The nominal annual rate of return is calculated from the effective interest rate. It is typically a slightly lower percentage, and gives investors an idea of what their investment may return.
Is account sales a nominal account?
no sales is not a nominal account. because nominal account says" debit all expenses and credit all income and gain account. " all things which are tangible is call real account. u can touch the goods which are going to sale. Sale is nominal account as sale generally have some element of profit. This is the good reason to treat the sale as nominal account.
What do you mean by nominal diameter in pipes?
NB (nominal bore) is the European designation equivalent to NPS is DN (diamètre nominal/nominal diameter/Durchmesser nach Norm), in which sizes are measured in millimeters. NB (nominal bore) is also frequently used interchangeably with NPS.You can refer more details herehttp://www.piping-engineering.com/nominal-pipe-size-nps-nominal-bore-nb-outside-diameter-od.html
Effective rate of return?
The nominal rate of return adjusted for more frequent calculations (compounding) than once per annum.
What is NEER in exchange rate?
NEER is Nominal Effective Exchange Rate.It is a measure of average effective relative strengt of a currency with respect to other currencies without reducing the effect of price change
What is the word when you can't remember the names of people?
Lethonomia: a tendency to forget names, or inability to recall the correct name. It's an expression of nominal aphasia. Nominal aphasia or dysnomia, but that applies to words generally, not just names.
