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6-0 Effective Annual Rate (EAR) 6.3 This is the actual rate paid (or received) after accounting for compounding that occurs during the year If you want. - ppt download
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EAR/APR Time Value of Money. Returns and Compounding Returns are often stated in annual terms Interest is paid (accrues) within the year Example: Savings. - ppt download
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Effective Annual Interest Rate: Definition, Formula, and Example
