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Community: Investing Wiki

Term Of The Hour

calculate semiannual interest: Original post by C. Taylor of Demand Media Regardless of the compounding frequency, most interest rates are expressed as an annual rate or percentage. This is called the nominal rate. However, if your account compounds twice per year, then you need to calculate the period interest rate for half of a year. This allows you to accurately calculate the interest earned on your account with respect to…

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