Question: What is the effective annual rate (EAR) for a nominal rate (quarterly compounding) of 8.5%? i dont know how to get that answer. I have
What is the effective annual rate (EAR) for a nominal rate (quarterly compounding) of 8.5%? 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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