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 | ||||||||
ExampleContToSimple.xls |