The numerical value of the compounding factors.
Unit 6 For a sum of money interested at 4% compounded semi-annually for 5 years.the nominal annual rate of interest (j).The number of compounding periods per year (m).The periods rate of interest (i)The number of compounding periods in the term (n)The compounding factors (1+i)nThe numerical value of the compounding factors.What is the nominal rate of […]
The numerical value of the compounding factors. Read More »