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nomrr

Nominal rate of return

Syntax

Return = nomrr(Rate, NumPeriods)

Arguments

Rate

Effective annual percentage rate. Enter as a decimal fraction.

NumPeriods

Number of compounding periods per year, an integer.

Description

Return = nomrr(Rate, NumPeriods) calculates the nominal rate of return.

Examples

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Calculate the Nominal Rate of Return

This example shows how to calculate the nominal rate of return based on an effective annual percentage rate of 9.38% compounded monthly.

Return = nomrr(0.0938, 12)
Return =

    0.0900

See Also

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