Mar 9, 2011 #1 E Erica Member Joined May 12, 2008 Messages 279 Reaction score 0 Points 16 respect to the interest return? I do not understand this question...help! Define effective rate of interest. Explain why two investments with the same annual rate may not be equal with respect to the interest they return?
respect to the interest return? I do not understand this question...help! Define effective rate of interest. Explain why two investments with the same annual rate may not be equal with respect to the interest they return?