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Unformatted text preview: r APR = return per period x m APR = simple annual interest = return per period x number of periods in 1 year EAR = compounded annual interest = ( 1 + quoted rate/m) m 1 EAR = (1 + APR/m) m 1 EAR = e q 1 effective return = (1 + APR/m) m/s 1 m = # of compounded interest periods in one year s = # of payment periods in one year...
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This note was uploaded on 03/12/2012 for the course ACCT 211 taught by Professor Kamlet during the Spring '08 term at Binghamton University.
 Spring '08
 KAMLET

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