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P.C.P.A. stands for Percent Compounded Per Annum.
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The annual interest rate of Belinda's savings account is 8.6 and simple interest is calculated quarterly What is the periodic interest rate of Belinda's account?
2.15% Apex
What rate offers does Nationwide International have for high balance accounts?
Nationwide International offers a special interest rate for those with high balance accounts. You can choose between an annual or monthly interest rate. For accounts with a balance of more than 25,000 pounds, the annual interest rate is 1.6%, while the monthly interest rate is 1.5%.
What does 2 percent monthly interest translate to in annual interest?
Multiply the monthly interest rate by the number of months is a year to calculate the annual interest rate: 2% x 12mo = 24%
How do you prepare a worksheet showing interest payments on a floating rate?
you have to have a sheet with several different interest rates because the rate is floating and not constant.
What is the interest rate today for bank accounts?
10.75%
Interest can be obtained on an amount of Rs 9650 at the rate of 6 pcpa at the end of 3 years?
Yes it can, provided the money is not in a longer term bond.
What amount of compound interest can be obtained on an amount of rs 9650 at the rate of 6 pcpa at the end of 3 years?
= 9650*[(1.06)3 - 1]= 9650*0.191016 = 1843.30
What is the full form of pcpa?
pcpa full form------per capita per annum
What is always inhibitory transmitter 1 norepinphirine 2 epinephrine 3 dopamine 4 gaba 5 pcpa?
pcpa
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 does the nominal interest rate mean?
A nominal interest rate is an interest rate that does not factor in the rate on inflation. Nominal interest rate could also refer to an interest rate that does not adjust for the full effect of compounding.
How does the real interest rate relate to the nominal interest rate?
A real interest rate and a nominal interest rate are quite similar. The only real difference between the two interest rates are that a nominal interest rate include the cost of inflation where as the real interest rate does not.
What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
What does nominal interest rates means?
A nominal interest rate is an interest rate that does not factor in the rate on inflation. Nominal interest rate could also refer to an interest rate that does not adjust for the full effect of compounding.
How do you convert annual interest rate to monthly?
Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest
What is the Formula for simple interest rate?
The answer for rate in simple interest is =rate= simple interest\principle*time
What does effective interest rate mean?
An effective annual interest rate considers compounding. When the principle is compounded multiple times each year the interest rate increased to be more than the stated interest rate. The increased interest rate is the effective annual interest rate.
