Nevertheless there are regional differences.
For example the Federal Republic of Germany regulated in §4 of the so-called "Preisangabenverordnung"(PAngV) how banks have to calculate an publish the net yield and interest.
irrq.comRegional gibt es jedoch immer unterschiedeliche Regelungen.
So ist in Deutschland nach §4 der Preisangabenverordnung(PAngV) festgelegt, wie der effektive Zins zu berechnen und anzugeben ist.
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