• Shuffle
Toggle On
Toggle Off
• Alphabetize
Toggle On
Toggle Off
• Front First
Toggle On
Toggle Off
• Both Sides
Toggle On
Toggle Off
Toggle On
Toggle Off
Front

### How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

Play button

Play button

Progress

1/5

Click to flip

### 5 Cards in this Set

• Front
• Back
• 3rd side (hint)
 Bank discount yield (formula) rBD = D/F * 360/t Think of how to mathematically calculate simple interest based on discounted value. Holding period yield (formula) HPY = (P1 - P0 + D1) / P0 Think of simple interest, ending value divided by starting value. Effective annual yield (formula) (1 + HPY)^365/t = (1 + EAY) Solve for EAY Use 365 days and the HPY in the formula. Money market yield (formula) based on rBD rMM = 360 * rBD / (360 - t * rBD) Start with simple rBD formula, think of "simple interest", solve D from rBD formula and replace so you can abbreviate for F. Money market yield (formula) based on HPY rMM = HPY * 360 / t rMM is to 360 what HPY is to t.