Effective Interest RateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Effective Interest RateThis topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 4, 2017 at 8:06 am #384800 ambrishParticipantTopics: 13Replies: 11☆Hello,What is the purpose of calculating effective interest rate? Please explain May 6, 2017 at 7:46 am #385033 P2-D2KeymasterTopics: 4Replies: 7065☆☆☆☆☆Hi,It is to show the substance of the transaction.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In