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+//Exa 6(ii)
+clc;
+clear;
+close;
+//given data :
+r=9;//in % per annum
+i=r/100;
+//componding is done quarterly
+m=4;
+//formula EIR=(1+i/m)^m-1;
+EIR=(1+i/m)^m-1;
+%EIR=100*EIR;
+disp(%EIR,"Quarterly EIR(in %) : "); \ No newline at end of file