Guys help me please..
In sfm a sum i got stuck while calculation Effective annualised yield (EAY)
Problem is
(1.006) power 365/91
its solution is 1.0243..
But i am not able to calculate it in my calculator..
Please help me
Thanks in advance :)
dear,
I unds ur question, its easy.
1st put figure 1.006 then press Multiply sign one time, then press 3 times = sign it will come
ur solution 1.0243. its logic is u sad 91/365= apprx 4months ,it means quarterly int.hope it will help u.
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what is the answer of (1.09) power 4/12...???
Take Calculator
Type “1.09”
Press Root button “12 times”
Subtract by “1”
Divide by Denominator (your case Denominator is 3)
Add by “1”
Then press “= button”
After that press “ X = 12 times” ( Multiply and Equal button 12 times)
You will get Answer
Prabhakaran correct any type calculation 'a' to the power of 'x'
Hojefa correct when exact month given
From my side Extra CA Final student
Power 5/2 (use calculator)
a×====√
CAclubindia
