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 December 9, 2015 · Last modified April 7, 2018
by Mike Rawson · Published July 5, 2018
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Every time you borrow money, you’re robbing your future self.
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