j=6.50%

Question

m=Daily(365)
f(effective rate)=?

f=(1+i)^n
=(1+(.0650/365))^365
=1.067152848-1
=0.067152848
=6.72%
i know how to find the "f"

but if its

j=?
m=Quarterly(4)
f=3.25%

how do i find the "j"???

Answer 1

See repost:
http://www.jiskha.com/display.cgi?id=1269725770