Description Usage Arguments Value Examples
Effective Annual Rate
1 | ear(apr, n, p = 5)
|
apr |
Annual Rate (Nominal Interest Rate) |
n |
Number of compounds in a year |
p |
Calculates the EAR to the (1/10^p) decimal place |
Effective Annual Rate
1 | ear(apr= 0.05, n = 12)
|
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