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5 votes
How do you calculate the daily periodic rate?

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User Dannie P
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2 Answers

2 votes
you caluate it by interest rate for each compounding period and P = R/m where R is the annual rate.
answered
User Thornomad
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7.1k points
4 votes
Dividing the APR by 365
answered
User StuffandBlah
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8.1k points

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