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Annual interest rate - the average rate of return on. If you are specifically interested - the expected average inflation.
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Annual interest rate - the average rate of return on. If you are specifically interested - the expected average inflation.
When compounding of interest takes place, the effective annual rate becomes higher than the nominal interest rate. Guide to investing in drawdown Strategies for growth and income Download Guide. If you're interested in the idea of retiring early, our savings calculator can help you work out forecasts on how to achieve the goals you want to hit.