There are two different types of rates that the nominal rate and the actual.
rate is a nominal rate that takes into account only the interest rate and escluisvamente. The actual rate
is a value that takes into account the possible advance of the annual interest fees. The actual rate may therefore be considered a more complete than the nominal one.
So there is a difference between the nominal rate and the actual number to be much wider as the payment is split up. Obviously the effect is particularly important when the numbers are low but becomes increasingly important, however, when it comes to very high figures.
The APR or the Annual Percentage Rate is based on its actual rate and for this reason that it is much more realistic.
Tan and Taeg
0 comments:
Post a Comment