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.
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.