)RU HDFK SD\PHQW DPRUWL]HG
,17
%$/ ï L ,17
LV URXQGHG WR WKH FXUUHQW GLVSOD\ VHWWLQJ
,17·
,17
,17
ZLWK VLJQ RI 307
351
307 ,17
%$/
%$/
Z
Σ,17
Σ,17
Q Z
Σ351
Σ351
Q Z
Interest Rate Conversions
())
IRU SHULRG LQ %HJLQ PRGH
351
ROG
,17
ROG
351
ROG
120
=
1
+
-----------------------------
×
P YR
⁄
–
3 <5
⁄
B: More About Calculations 133
×