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Effectiveness or effectivity [1] is the capability of producing a desired result or the ability to produce desired output. When something is deemed effective , it means it has an intended or expected outcome, or produces a deep, vivid impression.
The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year. [1] It is the compound interest payable annually in arrears, based on the nominal interest rate ...
The word comes from the same roots as effectiveness, and it has often been used synonymously, although in pharmacology a distinction is now often made between efficacy and effectiveness. [1] The word efficacy is used in pharmacology and medicine to refer both to the maximum response achievable from a pharmaceutical drug in research settings, [2 ...
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
Effective rate may refer to: Effective tax rate; Effective interest rate This page was last edited on 28 ...
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Wednesday he had picked Peter Navarro to be senior counselor for trade and manufacturing. Navarro served as head of a newly created ...
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The effective interest rate is always calculated as if compounded annually. The effective rate is calculated in the following way, where r is the effective rate, i the nominal rate (as a decimal, e.g. 12% = 0.12), and n the number of compounding periods per year (for example, 12 for monthly compounding):