Literary terms and their definitions for students in Ms. Cox's English 10 Honors at Cardinal Gibbons High School, 2012-2013.
Around 90 per cent of home loans in Spain have a variable (interÃ©s variable) instead of a fixed interest (interÃ©s fijo) rate and theyâve traditionally been set at 1 to 2 per cent above the base rate (European inter-bank rate or EURIBOR).
The nominal interest is 12% per year, so the nominal. interest rate per 6 mo is 6%. The effective interest rate. per 6 mo. is also 6% since the compounding period. equals to the interest rate period (6 mo.). Chapter 4 Nominal and Effective Interest. Rates 20.