ear: Effective Annual Rate

Description Usage Arguments Value Examples

View source: R/capitalR.R

Description

Effective Annual Rate

Usage

1
ear(apr, n, p = 5)

Arguments

apr

Annual Rate (Nominal Interest Rate)

n

Number of compounds in a year

p

Calculates the EAR to the (1/10^p) decimal place

Value

Effective Annual Rate

Examples

1
ear(apr= 0.05, n = 12)

capitalR documentation built on Dec. 1, 2019, 1:23 a.m.