4 ms·
I assume to take compounding into account, you want the 12th root. Instead of 12% → 1%, 1.12^(1/12) gives around 0.95%.
by sophiebits 3y ago
I assume to take compounding into account, you want the 12th root. Instead of 12% → 1%, 1.12^(1/12) gives around 0.95%.