rate_to_prob: Convert a rate to a probability

View source: R/rate_conversion.R

rate_to_probR Documentation

Convert a rate to a probability

Description

rate_to_prob convert a rate to a probability.

Usage

rate_to_prob(r, t = 1)

Arguments

r

rate

t

time/ frequency

Value

a scalar or vector with probabilities

Examples

# Annual rate to monthly probability
r_year  <- 0.3
r_month <- rate_to_prob(r = r_year, t = 1/12)
r_month

DARTH-git/darthtools documentation built on April 3, 2025, 2:12 p.m.