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What is the difference between effective interest method and constant yield method?
An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following:
Consider a stated annual rate of 10%. Compounded yearly, this rate will turn $1000 into $1100. However, if compounding occurs monthly, $1000 would grow to $1104.70 by the end of the year, rendering an effective annual interest rate of 10.47%. Basically the effective annual rate is the annual rate of interest that accounts for the effect of compounding.
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WAP to show the difference between a variable and static variable?
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Why do you measure effective diameter of a screw thread?
the difference between the min and max effective of your two threads will tell you if there going to clash on assembly
What is difference between fundamental and derived data types?
The simple is that fundamental quantities can be changed its not constant always and derived Quantities is like to constant always it could not be change ever.
What is the difference between regulated and unregulated power supply?
in regulated the voltage will be a constant one and can't be variant but is in case of unregulated
Difference between variable and constant in terms of memory types?
constant means data item whose value cannot be altered or change. whereas variable is named storage location whose value can be manipulated during program run.
What is the difference between interest and markup?
Difference between interest and mark up
Difference between rate constant and specific rate constant?
There is no difference between them they are same rate constant is another name of specific rate constant
What are the difference between interest free and conventional banking system?
difference between interest and interest free financing
What is the difference between a constant in a graph and a constant in a experiment?
the difference between a constant in a graph and a constant in a experiment is that when on a graph, the constant is the thing that changes, and in a experiment it is the part that stays the same.
What is the difference between a loan constant and an interest rate?
A loan constant is the percentage of a loan that remains the same throughout the loan term, while an interest rate is the percentage charged by a lender for borrowing money. The loan constant includes both the interest rate and the principal repayment, while the interest rate only represents the cost of borrowing the money.
Difference between interest-bearing and non-interest-bearing debt?
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What is the difference between ordinary prism and constant deviation prism?
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What is the Difference between nominal and effective interest rate?
Nominal interest rate is also defined as a stated interest rate. This interest works according to the simple interest and does not take into account the compounding periods. Effective interest rate is the one which caters the compounding periods during a payment plan. It is used to compare the annual interest between loans with different compounding periods like week, month, year etc. In general stated or nominal interest rate is less than the effective one. And the later depicts the true picture of financial payments.
Difference between attenuation constant and phase constant?
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Difference between modified constant pressure and constant volume?
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What is the difference between riba and interest?
interest is the part of riba.
Is the straight-line amortization or effective interest rate method better?
This method is preferred over the straight-line method of amortizing bond discount or bond premium. Amortization of a bond discount or premium is the difference between the interest expense and the nominal interest payment. The amortization entry is: Interest Expense (effective interest rate x carrying value) Cash (nominal interest rate x face value) Bond Discount (for the difference)
