NOMINAL
Returns annual nominal interest rate.
- Excel: Verified match
- Google Sheets: Verified match
- Returns: Number
Examples
=NOMINAL(0.0535, 4) Result 0.05245896887914281
Syntax
NOMINAL(effect_rate, npery) effect_rate- number required
npery- number required
Related
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.