Question
Find the APR in each of the following cases (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal
| Find the APR in each of the following cases (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): |
| APR |
| Number of Times Compounded |
| EAR | |||||
|
| % |
|
|
| Semiannually |
|
| 12.2 | % |
|
|
|
|
|
| Monthly |
|
| 13.1 |
|
|
|
|
|
|
| Weekly |
|
| 10.8 |
|
|
|
|
|
|
| Infinite |
|
| 14.5 |
|
Can you show me how to do this in excel? Is there a formula I can use?
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Microfinance Handbook An Institutional And Financial Perspective
Authors: Joanna Ledgerwood
1st Edition
0821343068, 978-0821343067
