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John Moffat.
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johnbriane
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sir i created this question
for a proper understandingInvestment Wye offers one interest payment of
20% at the end of its five-year life.what is the EAR ?
so is this correct ( provided that the above is the question )
(1+0.2)^0.2-1
which is equal to 3.71%
John Moffat
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Yes, that is correct.
johnbriane
John MoffatViewing 2 posts - 1 through 2 (of 2 total)
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