In q-7, why do we take N=4 in calculator. And not N=20.
can you explain the reason again?
PiyushnaharPro
Tvm
Share
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
In simple terms, the question is asking you to calculate the EAR from SAR. This is the reason why we have taken N=4 and not N=20. N=20 would have been taken if the question had asked the return for 5 years.