NOMINAL INTEREST RATE (CONTRACT RATE)
{"Image DocumentName": "NOMINAL INTEREST RATE (CONTRACT RATE)", "Image ImageDescription": "IF LENDERS FORMED EXPECTATIONS OF WHAT INTEREST RATES WOOULD BE ON A SERIES OF ONE-YEAR LOANS OVER THE MATURITY OF A GIVEN LOAN - THEY WOULD CALCULATE IT AS FOLLOWS: (1+it)n = (1+i1)(1+i2)(1+i3) \u2026 (1+in)", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}