Lecture Notes on Time Value of Money
Finding the [geometric average] rate of return: Scientific Calculator . To find i, use [yx ] and [1/x]. ... What will $1,000 be worth at the end of one year when the annual interest rate is 12% [This is the APR.] when interest is compounded: ... Financial calculators have a BEGIN and END mode. The above assumes the END mode. If the calculator ... ................
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