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EFFECT

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Returns effective annual interest rate.

  • Excel: Verified match
  • Google Sheets: Verified match
  • Returns: Number

Examples

=EFFECT(0.0525, 4)
Result 0.05354266737075819

Syntax

EFFECT(nominal_rate, npery)
nominal_rate
number required
npery
number required
ACCRINTAccrued interest for a security paying periodic interest. ACCRINTMAccrued interest for a security paying at maturity. AMORDEGRCDepreciation per period, French accounting, degressive. AMORLINCDepreciation per period, French accounting, linear. COUPDAYBSDays from coupon period start to settlement. COUPDAYSDays in the coupon period containing settlement.