Note: In order to use the spreadsheet examples, you need to download Business Functions | ||||||||
| ContToSimple (InterestCont, PmtsPerYear) | ||||||||
| Convert a continuous interest rate to a simple interest rate | ||||||||
| Takes a continuous interest rate and converts it to a simple interest rate, using a PmtsPerYear specified for that simple interest rate. | ||||||||
Mathematical Formula | ||||||||
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Example | ||||||||
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