E.G. 150000principal PV
25 year amortization n=300months
EAR 6.61%
APR is 6.41%
r nom is .534774
I understand how to get the EAR but am unable to convert to an APR. Can anyone help?
thanks
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E.G. 150000principal PV
25 year amortization n=300months
EAR 6.61%
APR is 6.41%
r nom is .534774
I understand how to get the EAR but am unable to convert to an APR. Can anyone help?
thanks
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