AER
Annual Equivalent Rate: the standardised rate of interest which removes differences due to different payment patterns.
« Back to Glossary Indexby Mike Rawson ·
Annual Equivalent Rate: the standardised rate of interest which removes differences due to different payment patterns.
« Back to Glossary Index
by Mike Rawson · Published February 17, 2021
by Mike Rawson · Published April 12, 2017 · Last modified March 10, 2018
by Mike Rawson · Published July 15, 2022
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One must learn by doing the thing, for though you think you know it, you have no certainty until you try.