NOMINAL
returns annual nominal interest rate · from excel · excel: verified match · sheets: verified match
signature
NOMINAL(effect_rate, npery)
returns: number
| argument | required |
|---|---|
| effect_rate | required |
| npery | required |
examples
formula and result, taken from the engine's own test suite — every result below is asserted in CI, not written by hand.
fx
=NOMINAL(0.0535, 4) 0.05245896887914281 related
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