writer
2,661
edits
Changes
Jump to navigation
Jump to search
Line 16:
Line 16: − +
no edit summary
*Formula: Effective interest rate <math>r</math> is calculated as follows -
*Formula: Effective interest rate <math>r</math> is calculated as follows -
<math>r = (1 + \frac{nomrate}{npy})∧(npy) - 1 </math>
<math>r = (1 + \frac{nomrate}{npy})^{npy} - 1 </math>
== Examples ==
== Examples ==