Gust Equity Management takes interest rates in 3 fields:
- Interest Rate (in % APR)
- Compounding Frequency
- Day Count (Only for Annual Debt)
Annual Percentage Rate (APR) doesn't take into account compounding interest or any one time fees (unlike APY). Your note terms might give an APR or might give the interest in terms of the compounding frequency. These are easily converted: 2% Monthly would be a 24% APR (and vice versa).