PPT Slide

456 -850 0 1000

0.035646%

per day

INPUTS

OUTPUT

N

I/YR

PV

FV

PMT

Convert % to decimal:

Decimal = 0.035646/100 = 0.00035646.

EAR = EFF% = (1.00035646)365 - 1

= 13.89%.

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