calc_effective_rate: Effective Interest Rate
In brfinance: Access to Brazilian Macroeconomic and Financial Time Series
calc_effective_rate R Documentation
Effective Interest Rate
Description
Converts a nominal interest rate into an effective rate.
Usage
calc_effective_rate(nominal_rate, m)
Arguments
nominal_rate
Nominal interest rate (decimal).
m
Number of compounding periods per year.
Value
Effective interest rate.
Examples
calc_effective_rate(nominal_rate = 0.12, m = 12) # 12% nominal monthly
brfinance documentation built on Feb. 19, 2026, 9:06 a.m.
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| calc_effective_rate | R Documentation |
Effective Interest Rate
Description
Converts a nominal interest rate into an effective rate.
Usage
calc_effective_rate(nominal_rate, m)
Arguments
nominal_rate |
Nominal interest rate (decimal). |
m |
Number of compounding periods per year. |
Value
Effective interest rate.
Examples
calc_effective_rate(nominal_rate = 0.12, m = 12) # 12% nominal monthly
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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