3 ms·
Well, interest rates have a bit of complication. There's at least 4 things they're a function of: * Time you're looking to borrow / lend at. * Duration of the l
by hbrav 5y ago
Well, interest rates have a bit of complication. There's at least 4 things they're a function of:
* Time you're looking to borrow / lend at.
* Duration of the loan.
* Period that the rate is in.
* Compounding frequency.
e.g. you'd want to specify something like "The 10 year interest rate on 2021-09-22, in percent per year, continuously compounded".