Sentences with phrase «annual equivalent rate»

AER (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid.
The interest you are quoted is the AER (Annual Equivalent Rate) which illustrates what the interest rate would be if interest was paid and compounded once a year.
The AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once a year.
AER (Annual Equivalent Rate).
The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
Annual percentage rate (APR) and effective annual rate or annual equivalent rate (AER) are used to help consumers compare products with different payment structures on a common basis.
The Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
When using the calculator below, use the AER (annual equivalent rate) for increased accuracy.
AER: AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Actual APR (also known as annual equivalent rate, effective interest rate, or effective annual rate) may vary from quoted APR:
Note that the rules pertaining to how the annual equivalent rate (AER) on a financial product is calculated and advertised are less stringent than for the annual percentage rate (APR).

Not exact matches

Last month's ground - breaking on new homes hit the equivalent of a 1.07 million annual run - rate.
National GDP grew by just 0.02 per cent, compared to September, equivalent to an annual growth rate of 0.2 per cent.
Your annualised rate of return represents the equivalent annual interest had you invested your money in a cash savings account paying the same rate.
An annuity payout over a fixed number of years that is purchased with a single sum can be converted to an annual interest rate equivalent, White noted.
-- Targeting cumulative cash cost savings of more than $ 5 billion by the end of 2014, equivalent to an annual run rate of $ 3 billion by 2014, assuming stable market and operating conditions.
Businesses that have annual rents of $ 300,000 or more end up paying a tax that's equivalent to about 3.9 percent of their rent, while stores with a $ 250,000 - to $ 300,000 - per - year rent pay a lower rate, she noted.
«In Akwa Ibom, state law provides for N200m annual pay to ex-governors, deputies; pension for life at a rate equivalent to the salary of the incumbent governor / deputy governor respectively; a new official car and utility - vehicle every four years; one personal aide and provision of adequate security; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5m per month and N2.5 m for the deputy governor.
The Communities Secretary has promised local authorities in England the cash equivalent of a 1 % rise in return for holding rates the same - the third such annual initiative.
The chemical, described here today at the annual meeting of the American Chemical Society, raised the metabolic rate of rats by 30 % — equivalent to a weight loss of nearly 3 kilograms per month in people.
The researchers estimate that if the cost of the new DAAs are equivalent to other new HCV antiviral drugs then treatment rates would require an annual treatment budget of US $ 3.2 million in Edinburgh and approximately $ 50 million in Melbourne and Vancouver.
Getting 108 MPGe highway ratings, this model has unsurpassed value with an annual fuel - equivalent cost of $ 500.
If an ad says «10 % financing,» «the equivalent of 6 %,» or simply «8 %,» the advertised rate is probably not the annual percentage rate.
Your monthly payment of $ 500 on a principal of $ 115K is equivalent to an annual interest rate of 5.22 %, which at least is not completely usurious.
The mortgage insurance premiums, of course, are in addition to annual mortgage rate, meaning that if you got a loan at 5.5 percent your real cost would be the equivalent of 6.0 percent.
APR is equivalent to CAGR, or compound annual rate of return.
However, if you are calculating an equivalent monthly annuity the monthly rate can be taken as the nominal annual rate «compounded monthly» divided by twelve.)
Also, using the equivalent annual cost HERE, how would I change the formula for differing rates over the period of time.
(The equivalent annual annuity calculation should use the annual effective rate or the nominal annual rate compounded annual, which is the same.
An Interest Rate Differential (IRD) amount, equivalent to the difference between your annual interest rate and the posted interest rate on a mortgage that is closest to the remainder of the term, less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the tRate Differential (IRD) amount, equivalent to the difference between your annual interest rate and the posted interest rate on a mortgage that is closest to the remainder of the term, less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the trate and the posted interest rate on a mortgage that is closest to the remainder of the term, less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the trate on a mortgage that is closest to the remainder of the term, less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the trate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the term.
Amortization: The act of paying off (as a mortgage) gradually, usually by periodic payments of principal and interest or by payments to a sinking fund Annual Percentage Rate (APR): The annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually moAnnual Percentage Rate (APR): The annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually montRate (APR): The annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually moannual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually montrate of interest when the rate is quoted more frequently than annually, usually montrate is quoted more frequently than annually, usually monthly.
A: Annual Percentage Rate (APR) is the equivalent interest rate considering all the added costs to a given lRate (APR) is the equivalent interest rate considering all the added costs to a given lrate considering all the added costs to a given loan.
The IRD amount is equivalent to the difference between your annual interest rate and the posted interest rate on a mortgage that is closest to the remainder of the term less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the time that is remaining on the term.
Although past performance is no guarantee of future results, stocks have historically provided a higher average annual rate of return than other investments, including bonds and cash equivalents.
The table in example 2 above illustrates that a 7 % compound annual growth rate is approximately equivalent to a 10 % simple interest rate over a 10 year period.
The hypothetical 6 % rate of return is equivalent to a 5.74 % net annual rate of return for the low - cost tax - deferred variable annuity, and a 4.66 % net annual rate of return for the national industry average tax - deferred variable annuity.
The 25 times annual consumption rule and the equivalent 4 % withdrawal rate rule of thumb are referenced pretty much everywhere in the community.
When a security pays out cash to its owners, as dividends on a stock or interest on a bond, the annual amount of those payments can be expressed as a percentage of the value of the security — an interest rate equivalent.
Notice, that the annual equivalent of his rate is slightly less than 6 %, at 5.926 % (0.493862 x 12 = 5.926 %).
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Lenders in Georgia may charge up to 25 % a month for title loans, which is equivalent to 300 % of the annual percentage rate or APR..
Shipments of premium economy seating are forecast to grow to almost 70,000 in 2022, up from 14,000 in 2012, equivalent to a 10 - year compound annual growth rate (CAGR) of 17.1 percent.
Moving the current average global efficiency rate of coal - fired power plants, which supply the heat to convert water (or CO2) to steam, from today's 33 percent to 40 percent by deploying more advanced technology could cut CO2 emissions every year by 2 gigatons, which is equivalent to India's annual CO2 emissions, according to the World Coal Association.
As a whole, the planet has been shedding sea ice at an average annual rate of 13,500 square miles (35,000 square kilometers) since 1979, the equivalent of losing an area of sea ice larger than the state of Maryland every year.»
The researchers discovered a temperature increase of just 1 degree Celsius in near - surface air temperatures in the tropics leads to an average annual growth rate of atmospheric carbon dioxide equivalent to one - third of the annual global emissions from combustion of fossil fuels and deforestation combined.
As noted in the ice sheet section later in this chapter, Greenland ice has about 7.3 m equivalent of sea level rise, which, if melted over 1000 years, yields an annual rise rate of 7 mm / yr, about 2 times faster just from Greenland than today's rate from all sources, and more than 10 times faster than the rate from Greenland over 2000 — 2011 (Shepherd et al., 2012).
Based on current trends, the study predicts that global e-waste rates will jump by a third in the next four years: an annual volume of 65.4 million tons — the weight equivalent of 200 Empire State Buildings or (if your interest runs more toward ancient history) 11 Great Pyramids of Giza.
In another 2450 years — a long time hence, sure, but remember that 2450 years * ago * still only gets us back to the year Alexander the Great smashed the Persian Empire — the somewhat conservative annual growth rate of 2.3 % would see humanity consuming the equivalent of * the total energy output of all suns in the galaxy *.
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