|Author||Topic: Guys how do I answer this question on a hp12c?|
|What keys would I need to enter in order to solve this question on my HP12C? I am new to this and intend to do the CFA but don't have a formal Finance background, any help is much appreciated.
A $100,000 CD with quarterly compounding will return $123,528 in 2 years. What are the effective annual rate and the stated annual rate for this CD?