Stated annual interest rate(redirected from Stated Annual Interest Rates)
Stated annual interest rate
Stated Annual Interest Rate
An interest rate in a given year that does not account for more frequent compounding. For example, if a loan of $100 has a stated annual interest rate of 5%, the amount owed at the end of the year is $105. However, if the interest compounds monthly, the actual amount is $105.12. See also: Effective annual interest rate.