Effective Interest Rate vs Nominal Interest Rate | (EAR vs APR) | Explained with Examples

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Thank youuu 🙏

thanks!

You are a talented teacher. Thank you

what does compounded means

when it comes to calculations, how do you know to use effective (A) vs just dividing the nominal by the number of periods in a year (B)? from what i've seen, you use (B) when it comes to bonds and loans but im not too sure for other types of financial payments

very helpful

Thank you for helping me understand the difference mayo otherwise I was confused

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THX fast and easy to understand

12% x 200 or 12% x 2000 which iw which here

1 min into the video,i have already cleared my doubts❤

Great explaination ⭐️⭐️

thank you so much sir, this really helped

Why are normally given the amount if the equation does not have a character for the amount?
Besides giving sense to the question.

Thanks sir.but again give its relation.

When do we use effective ? And when do we use Nominal rate?

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Thank youuuu

Merci

Thanks so much

Thank you! I understand it finally.

Finally someone who can explain it clearly 😂❤️❤️❤️

Thank you, I learned it finally 🙏🙏🙏🙏🙏🙏❤️🙏🙏🙏🙏

Thank you, much clearer