How to Calculate APR From EAR | Sapling
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How to Calculate APR From EAR | Sapling
APR (annual percentage rate) and EAR (effective annual rate) both express the amount of interest you’ll earn from savings or pay on borrowings. If you know EAR, you can easily convert it to APR. The formula to do so is APR = n x ((EAR 1)1/n-1) where n is the number of compounding periods.
Jan 20, 2011
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