Peter McKee
New Member
- Joined
- May 6, 2002
- Messages
- 1
I am trying to get a formula that changes an annual interest rate into its monthly comparison. From monthly to annual i know the formula is (1+r) to the power 12, but how do i go the other way in a formula. There doesn't seem top be a formula for it....please help!
Thanks
Pete
Thanks
Pete