Hi
It would be great if someone can help me with the formula of annualized returns
Is it (1+r%)^ (days/365) -1 or (1+r%)^ (365/days)-1
I never seem to get it right
Hi
It would be great if someone can help me with the formula of annualized returns
Is it (1+r%)^ (days/365) -1 or (1+r%)^ (365/days)-1
I never seem to get it right
If r is the effective rate for days, then the (effective) annual rate is:
If r is the effective annual rate, then the effective rate for days is:
For example, if you earn a 2% return in 175 days, the effective annual rate is:
If the effective annual rate is 4.5%, then the effective 120-day rate is: