Perjury is considered a serious offense as it can be used to usurp the power of the courts, resulting in miscarriages of justice. In the United States, for example, the general perjury statute under Federal law classifies perjury as a felony and provides for a prison sentence of up to five years.
Effective interest rate for t periods, i t = (1 + i) t - 1 or as one equation i t = (1 + (r / m)) mt - 1. The rate per compounding period P = R / m, in percent.
1 You can now use Nominal Interest Rate Calculator with period = month to find that an Effective Rate per Period of i = 0.519%, Compounded once per Period, m = 1, for Number of Periods n = 12, is 6.4088%/year. Answer: R = 0.519% per period (month). 2  You can now use Nominal Interest Rate Calculator with period = month to find that an Effective Rate per Period of i = 0.519%, Compounded once per Period, m = 1, for Number of Periods n = 12, is 6.4088%/year.