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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