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re: Using TVM on Financial Calculator

Posted on 8/4/15 at 4:29 pm to
Posted by southernelite
Dallas
Member since Sep 2009
53179 posts
Posted on 8/4/15 at 4:29 pm to
~62/3 = 21
3200/3 = 1066

21/1066 = ~2%
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 8/5/15 at 10:25 am to
I'm still not seeing it. Why would you divide the annual interest by 3? That's not total interest.

For the record, it wasn't my downvote.
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