Question
A loan has a certain APR. If it compound monthly, it has a EAR of 0.1 (this rate is in decimal format, not in percentage).
A loan has a certain APR. If it compound monthly, it has a EAR of 0.1 (this rate is in decimal format, not in percentage). What will be its EAR if it compound quarterly instead? (enter the rate in decimal format, not in percentage. keep 4 decimal places).
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Essentials Of Real Estate Finance
Authors: David Sirota, Doris Barrell
14th Edition
1475428391, 9781475428391
