Maria Lukicheva
Last answered:

02 Mar 2023

 Posted on:

21 Feb 2023
0

Resolved: Question 6 correct N

in Math for Finance / The Effective Annual Rate (EAR)

A two year deposit in the text, why in the calculation N is set to 5?

1 answers ( 0 marked as helpful)
Ivan Kitov
Instructor
Posted on:

02 Mar 2023
0

Hello Maria!


There is technical error in the text. It should be five years indeed.


Thanks for noticing and appreciate the feedback!


The error will be corrected as soon as possible.


Best,

The 365 Team

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