Eng Economic Analysis - Nominal & Effective Interest Rates

[@franceballon5921]

Take note that you compounded quarterly, you should multiply 4 to the number of years to satisfy the relation between the compounding years.

[@osamadupe1018]

I was going to say the same

[@roseb2105]

how was this effective annual rate fomula derived i dont understand were the -1 comes from

[@aamirbangash985]

appreciated!

[@michaelyeboah8648]

You made mention that, Nominal Interest rate has no compounding effect, how come does it compound in the notice area.

[@IceWored2010]

Great explanation Thank you !

[@simpleliving3505]

Very good explanation, subscribed you

[@fatemaexo-l1256]

thankss a lottt

[@fiona.e1026]

More videos plz

[@kaarinaMoongo]

Perfecto

[@gethachellaiah7756]

Can I know in the first calculation 500 (1+1.5/100)^4= 530.68...at here how get 100 which 1.5/100?

[@gethachellaiah7756]

I really need ur reply so please reply for this?