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Effective Interest Rate Excel

Effective Interest Rate Excel - 'effective' describes actions, methods, or strategies that produce the desired results, emphasizing their capacity to bring about a specific effect or impact in a reliable and efficient manner. Webster's revised unabridged dictionary from 1913 lists efficient and effective as synonyms, but all major dictionaries now show that these words now only have different. See ‘meaning & use’ for definitions, usage, and quotation evidence. The adjective effective describes things that are adequate to accomplish a purpose, or that produce the intended or expected result. If you are efficient, you do it quickly and easily. Successful or achieving the results that you want: Effective typically describes things—such as policies, treatments, arguments, and techniques—that do what they are intended to do. There are 17 meanings listed in oed's entry for the word effective, five of which are labelled obsolete. Effective means having a particular role or result in practice, though not officially or in theory. Effective, effectual, efficacious, efficient refer to that which is able to produce a (desired) effect.

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