A solid understanding of statistics is crucially important in helping us better understand finance. Moreover, statistics concepts can help investors monitor| Corporate Finance Institute
The Annual Equivalent Rate (AER) is the rate of interest after taking into account the effects of compounding to normalize the interest rate. The AER is the| Corporate Finance Institute
The Rate of Return (ROR) is the gain or loss of an investment over a period of time copmared to the initial cost of the investment expressed as a percentage.| Corporate Finance Institute