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Old 05-15-2008, 06:22 AM
himmi himmi is offline
Junior Member
 
Join Date: May 2008
Location: Islamabad/Pakistan
Posts: 1
Post effective interest rate

Calculate the effective interest rate corresponding to 14% per annum, compounding:

i) Quarterly
ii) Monthly

can you guide me to its forumla,

Thankyou
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