The APR TO EAR equation is EAR=(1+ ir/m)m-1 could I see how to work this problem out if the nominal rate is 3.50% and the APR is 3.63%
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The APR TO EAR equation is EAR=(1+ ir/m)m-1 could I see how to work this problem out if the nominal rate is 3.50% and the APR is 3.63%
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