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.
10.25%. The Effective Annual Rate (the rate after compounding). The Effective Annual Rate is what actually gets paid! If interest is compounded within the year, the Effective Annual Rate will be higher than the rate mentioned. How much higher depends on the interest rate, and how many times it is compounded within the year.