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re: Using TVM on Financial Calculator
Posted on 8/5/15 at 10:25 am to southernelite
Posted on 8/5/15 at 10:25 am to southernelite
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.
For the record, it wasn't my downvote.
Posted on 8/5/15 at 10:34 am to Cmlsu5618
You're right, I just got confused. I compounded 3 times for each year, whereas you didn't compound any. Just an assumption I made that wasn't what you were looking for.
This post was edited on 8/5/15 at 10:45 am
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