Tell Siri what you'd like to do. Speak into your iPhone 4S with a command like, Remind me to buy milk, bread, and eggs today at 4 p.m. or you can say something like, Remember to thank John for the present.. Glance at your iPhone 4S screen to review your reminder. Or listen to Siri's confirmation.
Effective Interest Method. The effective interest method is a technique for calculating the actual interest rate in a period based on the amount of a financial instrument's book value at the beginning of the accounting period.
The effective interest rate (EIR) displayed in the CALCULATOR is for the 360 day year mode only. The EIR will not change when you change the days per year from 360 to 365. In the calculator the effective interest rate is displayed to the right of the annual interest rate, 6% and 6.1677% respectively.