E.A.
English translation: EAR (effective annual rate)
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| 11:50 Jul 20, 2021 |
| Spanish to English translations [PRO] Finance (general) / Colombian credit card statement | |||||||
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|  Selected response from: Cristina Zavala Ecuador Local time: 09:22 | ||||||
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| 4 +1 | EAR (effective annual rate) |
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Answers
30 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1EAR (effective annual rate) Explanation: E.A. = (tasa de interés) EFECTIVA ANUAL https://www.bancopichincha.com.co/documents/158147/262453/Ta... https://www.investopedia.com/terms/e/effectiveinterest.asp Effective Annual Interest Rate EAR https://www.calculatorsoup.com/calculators/financial/effecti... https://corporatefinanceinstitute.com/resources/knowledge/fi... The Effective Annual Interest Rate (EAR) is the interest rate that is adjusted for compounding over a given period. Simply put, the effective annual interest rate is the rate of interest that an investor can earn (or pay) in a year after taking into consideration compounding. |
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