The interest rate described in relation to a specific amount of time. For example, the Monthly Periodic Rate is the cost of credit per month.
These resources are brought to you by the Cooperative Extension System and your Local Institution
eXtension is an interactive learning environment delivering the best, most researched knowledge from the smartest land-grant university minds across America.
eXtension: more mind reachHave a question? Try asking one of our Experts
The interest rate described in relation to a specific amount of time. For example, the Monthly Periodic Rate is the cost of credit per month.
Unlike most other resources on the web, we have experts from Universities around the country ready to answer your questions.