document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1182408>Question 1182408</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Given the annual interest rate and the compounding​ period, find​ i, the interest rate per compounding period. Assume a 365 day year.\r<BR>\n" );
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document.write( "14.2%compounded daily\r<BR>\n" );
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document.write( "I=% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #812412 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52788)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=812412\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "To find interest rate per compounding period, take the annual rate as the decimal \r<BR>\n" );
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document.write( "and divide it by the number of compounding periods in a year.\r<BR>\n" );
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document.write( "See the lesson \r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compounded interest percentage problems</A> \r<BR>\n" );
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document.write( "in this site and learn the subject from there.\r<BR>\n" );
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