To calculate the effective rate of return on an investment, the total compound interest is divided by the
To calculate the effective rate of return on an investment, the total compound interest is divided by the PRINCIPAL.
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Updated 4/5/2014 6:56:51 PM
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To calculate the effective rate of return on an investment, the total compound interest is divided by the PRINCIPAL.

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In describing investments and loans, the stated interest rate is known as
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In describing investments and loans, the stated interest rate is known as nominal interest rate or Annualised Percentage Rate or APR.
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whats 307495 roundeed to nearest thousand
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