Get an understanding of Interest rates, what they are used for, products, services applications & implications
What you'll learn
- Understand the various types of interest rates (APR, AER, nominal, real, etc.)
- Learn how interest rates are calculated and their real-world implications
- Numerous real life examples, illustrations
- Grasp the impact of interest rate changes on business and consumer borrowing.
- Explore interest rate impact on various products
- Understand products and services most affected, implications
- Analyze how central banks influence interest rate environments
- Compare fixed vs. variable interest rate structures.
- Understand compounding effects in savings and investment
- Examine interest rate influences on bonds and other debt instruments
- Apply interest rate concepts in real business decision-making scenarios
- Learn about interest rate benchmarks (e.g. LIBOR, SOFR)