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Activity

Texas Instruments: Effective Annual Rate & Nominal Rate

Curated by ACT

In this activity, students use the effective annual rate calculation to compare the nominal rates of various financial instruments.

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Additional Tags
effective annual rate, effective annual rate & nominal rate, ti, texas instruments, rate
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)