Ref. [9] discussed this problem in detail based on a direct computation of the relative belief ratio. In this paper, a different Bayesian approach to the one-sample test for proportion is proposed. First, to avoid a prior-data conflict (see Section 2), the uniform [0,1][0,1] is ...
Therefore, with the add-on method, the interest rate would be given as 4.56%. Now Try Exercise 15 The computation of the APR is easily accomplished with a spreadsheet or graphing calculator. For instance, with Excel, the APR of 11.134% discussed previously is calcu- lated with the RATE ...
While the 13th edition of Personal Finance does not guarantee that you will get the ideal job or become a millionaire, it does provide the information needed to take advantage of opportunities and to help manage your personal finances. This new edition of Personal Finance is packed with ...