The pause may be used. 1  at the end of a short sentence. e.g: I am hungryâ. 2  at the end of a phrase. e.g: In spite of his being poorâ ... 3  at the end of a clause. e.g: Unless you do your homeworkâ ...
The effective annual interest rate is a way of restating the annual interest rate so that it takes into account the effects of compounding.
The effective interest rate method uses the market interest rate at the time that the bond was issued. In our example, the market interest rate on January 1, 2016 was 4% per semiannual period for 10 semiannual periods.