A brief discussion about real,nominal and effective interest as an introduction.
Further clarification on converting nominal to effective and effective to nominal will occur in another video.
02:17 Nominal Interest
02:50 Real Interest
03:45 Effective Interest
11:07 Take note! Reminder to be careful.
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#interest #nominalinterest #effectiveinterest #maths #macv101 :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
#AppliedTrish #Tresia
