The Treaty of Lisbon: introduction. The Treaty of Lisbon meets the need to reform the structure of the EU and the way in which it functions. Successive EU enlargements have increased the number of Member States to 28.
The more often the interest compounds in an account, the more interest you'll ultimately receive. Daily compounding means you get paid your interest every day â 365 days a year. Quarterly compounding means you get paid just four times a year, every three months. That might seem like a big difference, but in practice, it is often almost negligible.
Part 2. Calculating APR for Credit Cards. Divide your finance charges by the total balance, then multiply by 1200 to get your APR. APR, or annual percentage rate, is the amount of money your bank charges you when it lends you money. Unless your APR is 0%, you're actually paying extra money every time you leave a balance on your credit card.