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Effective Rate of Interest (Introduction & How to Calculate)
6:48
YouTubeHouston Math Prep
Effective Rate of Interest (Introduction & How to Calculate)
This math tutorial video explains effective rate of interest for compound interest, with both discrete and continuous compounding. We show our table from our compounding interest intro video, where we compounded quarterly at a particular interest rate, and we show how the effective interest rate is actually higher than the stated rate for the ...
2.9K viewsApr 11, 2020
Interest Rate Explained
Interest Rates Explained ✶ How They Control EVERYTHING ✶ Inflation, Bonds, Stock Market & Finance
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Interest Rates Explained ✶ How They Control EVERYTHING ✶ Inflation, Bonds, Stock Market & Finance
YouTubeMind Math Money
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Explaining high interest rates and how they work
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