EFFECT, NOMINAL and Day-Count Basics
This lesson is part of the course
In this lesson
You compare three cash-reserve offers on their effective rate, convert a target effective rate back to a nominal rate and see how the day-count basis changes the interest on a short loan.
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Lessons in this course
- FV, PV and Excel's Sign Convention Locked
- PMT, IPMT, PPMT and an Amortisation Table Locked
- RATE and NPER: Solve for the Rate and the Term Locked
- NPV vs XNPV: Discounting Dated Cash Flows Locked
- IRR vs XIRR vs MIRR Locked
- Depreciation: SLN, DB, DDB and SYD Locked
- EFFECT, NOMINAL and Day-Count Basics Locked
- Capstone: Investment Comparison Dashboard Locked