Effective Interest Rate (Effective Yield)

This video shows how to derive the effective interest rate formula for compounded and continuous interest.  It also provides two examples on how to calculate effective interest rate.
Site:  http://mathispower4u.com
Search:  http://mathispower4u.wordpress.com

• #education
• #effective
• #interest
• #rate
• #yield
• #continuous
• #compounded
• #simple
• #year
• #one
• #annual
• #same
• #return
• #account
• #balance
• #algebra
• #banking
• #investment
• #james
• #sousa