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Nominal rate=5% compounded monthly. Number of periods=3 years Effective rate for 3 years = 15.7625% What is the formula used here to get 15.7625% ?
Nominal rate=5% compounded monthly.
Number of periods=3 years
Effective rate for 3 years = 15.7625%
What is the formula used here to get 15.7625% ?
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
