Hey Ur Vidoes are awesomme. I always want to learn all these. U r a great Teacher !! The only Thing is i m not able to search and download BUSN 233 excel sheet.. its nowhere in the link..PLease help for this
How about if the loan is 2 years and compounded 12 months? what is EAR? and how to calculate it? Is it just the same with the calculation of 1 year EAR and then do we have to multiply it with the number of years?. Such as EAR=0.195618 as in the lecture and should we write it as 2 * EAR=2 * 0.195618= 0.391236343 ?
Wow this lesson was gold. I didn't know anything about that. Thank you sir for this amazing class
Yup! This is a important one : )
Thanks !
Hey Ur Vidoes are awesomme. I always want to learn all these. U r a great Teacher !!
The only Thing is i m not able to search and download BUSN 233 excel sheet.. its nowhere in the link..PLease help for this
How about if the loan is 2 years and compounded 12 months? what is EAR? and how to calculate it? Is it just the same with the calculation of 1 year EAR and then do we have to multiply it with the number of years?. Such as EAR=0.195618 as in the lecture and should we write it as 2 * EAR=2 * 0.195618= 0.391236343 ?
i = 10% (for instance)
n = 12 (monthly)
x = 2 (years)
nper = 12*2 = 24
EAR = (1+0.1/24)^24-1 = 10.49 %