effective_rate: Compounding and Discounting

View source: R/principal.R

effective_rateR Documentation

Compounding and Discounting

Description

computes the effective rate for the provided nominal rate and compouding frequency.

Usage

effective_rate(r = NULL, interval = 1L, continuous = F)

Arguments

r

nominal interest rate (in percent)

interval

interval as 1/interval when compounding is performed

continuous

should we use continuous compounding

Value

the effective rate for the given nominal rate

Author(s)

christian bitter


christianbitter/cbFinance documentation built on Sept. 28, 2024, 4:54 p.m.