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re: Using TVM on Financial Calculator
Posted on 8/4/15 at 1:43 pm to yellowhammer2098
Posted on 8/4/15 at 1:43 pm to yellowhammer2098
Correct me if I'm wrong, but the i/y would need to be 6, not 2, if I wanted an annual RoR to be ~2%.
1
Posted on 8/4/15 at 2:57 pm to Cmlsu5618
The formula I gave will give you an effective rate of 2%
This post was edited on 8/4/15 at 3:22 pm
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