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9 ) After reviewing the compounding model, your Kindergartener has a follow up question about effective annual rates. She figures with more frequent compounding, the
After reviewing the compounding model, your Kindergartener has a follow up question about effective annual rates. She figures with more frequent compounding, the effective annual rate cannot be for all the compounding options. Calculate the effective annual rate for each of the compounding options in Question using a function. round to three decimal places
I need the annual, semiannually, quarterly, and monthly.
I NEED THE EXCEL FORMULAS TOO, PLEASE.
The annual is The semiannual is The quarterly The monthly
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