Ultimately, and assuming you won't be cashing out early, what matters is the yield to maturity / surrender, or
the annual effective return you're earning over the full locked - in period.
Not exact matches
Savings rates are displayed in terms of APY to indicate the
effective annual - interest
return when taking the effect of compounding interest into account (assuming that the deposit balance does not change.
3 Due to rounding, the illustrated
returns for the Principal Plus Interest Option may be slightly higher or lower than the figures derived from the
effective annual interest rates credited for the same period.
Annual Percentage Yield (A.P.Y) is the effective annual rate of return, taking into account the effect of compounding int
Annual Percentage Yield (A.P.Y) is the
effective annual rate of return, taking into account the effect of compounding int
annual rate of
return, taking into account the effect of compounding interest.
xx % average
return and back out taxes to get your
effective annual rate of
return.
Filed Under: Daily Investing Tip Tagged With: bank deposits,
effective annual return, Interest, Investing Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.
For 2012, the
annual effective interest rate of
return was 4.091 %.
It is considered the
effective, or true,
annual rate of
return.
With an
effective 4 percent cash back rate on gas and restaurant spending and a 2 percent cash back rate on general purchases, you would earn roughly $ 400 by the end of the year — a pretty good
return for a card with no
annual fee.
The
effective annual rate of
return taking into account the compounding of interest on a savings, checking, CD or money market account.
Effective September 1, Ulips will offer a minimum guaranteed
annual return of 4.5 per cent on pension plans, a 10 - times increase in the minimum risk cover, even distribution of charges across the increased five - year lock - in period and a ceiling on net and gross yields after that.