Question
What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 9.00%? The answer is 9.3808% but i dont know how to
What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 9.00%? The answer is 9.3808% but i dont know how to get that answer. I have a HP 10bll + Financial Calculator but i dont know how to put this into the calculator. PLEASE HELP!!
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Asset Management And Institutional Investors
Authors: Ignazio Basile, Pierpaolo Ferrari
1st Edition
331932795X,3319327968
