Open an Access database from Windows Explorer. In Windows Explorer, navigate to the drive or folder containing the Access database file you want to open and double-click the database. Access starts and the database is opened.
Calculate the effective interest rate per period given the nominal interest rate per period and the number of compounding intervals per period.
Implied Rate. What is an 'Implied Rate'. An implied rate is an interest rate that is determined by the difference between the spot rate and the forward/futures rate. The degree of relative costliness of a future rate can be assessed by comparing the implied rate with the spot rate.