Solved 1. Calculate the loan's effective annual rate (EAR).
Effective Annual Rate Excel. Web the effect function calculates the effective annual interest rate based on the nominal annual interest rate, and the number of. Input the number of periods.
Web to calculate the effective annual rate using the rate function, you can follow these steps: Input the number of periods. Web the effect function calculates the effective annual interest rate based on the nominal annual interest rate, and the number of.
Input the number of periods. Web the effect function calculates the effective annual interest rate based on the nominal annual interest rate, and the number of. Input the number of periods. Web to calculate the effective annual rate using the rate function, you can follow these steps: