Learn R Programming

brfinance (version 0.8.0)

calc_nominal_rate: Nominal Interest Rate

Description

Converts an effective interest rate into a nominal rate.

Usage

calc_nominal_rate(effective_rate, m)

Value

Nominal interest rate.

Arguments

effective_rate

Effective interest rate (decimal).

m

Number of compounding periods per year.

Examples

Run this code
calc_nominal_rate(effective_rate = 0.1268, m = 12)

Run the code above in your browser using DataLab