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The definition of periodic interest rate is an interest rate figured over a specific time frame. Compound interest is also figured on a specific time frame. For instance, some interest is compounded quarterly, some is compounded annually or semi-annually, or even monthly.
The definition of periodic interest rate is an interest rate figured over a specific time frame. Compound interest is also figured on a specific time frame. For instance, some interest is compounded quarterly, some is compounded annually or semi-annually, or even monthly.
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Simple interest is calculated based on a specified time frame. It is determined using the formula: Interest = Principal × Rate × Time, where the time is typically expressed in years. This type of interest remains constant over the time period, as it is not compounded.
Monthly car loan paymnts are calculated by adding the interest to the balance and diviing it into equal payments for a set time frame. You can find a car loan calcultor at www.Edmunds.com.
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There is no specific time frame that earthquakes occur in.
not unless they put in writing that it would be done in a specific time frame and it was not done within that time frame
What time frame? Which European countries? Need to be more specific.
The limitation varies from state to state. The time frame is figured from the last acknowledgement of the debt, a payment or even an agreement.
The key difference between a time frame of 3-6 months and a time frame of 6 months is the flexibility and range of the first time frame, which allows for completion or achievement within a broader window, while the second time frame is more specific and fixed, requiring completion or achievement within a set period of 6 months.
Currently, yes. (please be more specific, for who is it safe? time frame?)