Financial Toolbox | ![]() ![]() |
Syntax
Return = nomrr(Rate, NumPeriods)
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
To find the nominal annual rate of return based on an effective annual percentage rate of 9.38% compounded monthly
Return = nomrr(0.0938, 12)returns
Return = 0.0900 (9.0%)
See Also
effrr
, irr
, mirr
, taxedrr
, xirr
![]() | movavg | now | ![]() |