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L2.3 - Nominal vs Effective Interest Rates | Engineering Economics - Unit 2
11:13
YouTubeBatchmate
L2.3 - Nominal vs Effective Interest Rates | Engineering Economics - Unit 2
Stop letting banks and lenders trick you! The "annual interest rate" they quote you is often NOT the rate you actually pay. This lecture breaks down the single most important concept in finance: the difference between Nominal and Effective Interest Rates. Whether you're studying Engineering Economy, Personal Finance, or just getting your first ...
22 hours ago
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