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dumb calc q if anyone has CFAI book 5 handy

reading 36 alts, Q # 12B… how are they calc’ing the 0.6133% number? i’m sure it’s easy… just not wanting to bang out #’s trying to figure it out when this book has a billion other EOC’s i need to do. thx in advance for the simple math help.

1.0761^(1/12) -1
I believe.

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boom goes the dynomite. thanks CP. hope your studying is going well.

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