Whether effective and nominal rates can ever be the same depends on whether interest calculations involve simple or compound interest. While in a simple interest calculation effective and nominal ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Amy is an ACA and the CEO and founder of OnPoint Learning, a financial ...

We all talk -- and often worry -- about interest rates. But as with most things involving money, what we mean by "interest rates" can vary considerably. For instance, economists distinguish between ...

is—it’s effectively a percentage of an amount over a year. If your savings account earns you a 0.05% interest per year (which is a really terrible interest rate, honestly), you earn $5 in interest for ...

Yield curves can move up and down and change shape daily as interest rates change (see July 2004 Ask Dr. Econ). Because inflationary expectations typically are quickly—although not necessarily ...