Description Usage Arguments Examples

Converts an rate with a given frequency to aneffective rate for another frequence. Base=1 is yearly rate

1 | ```
rate.convert(rate = 0, frequency.input = 1, frequency.output = 12)
``` |

`rate` |
interest rate. |

`frequency.input` |
Frequency of input rate. 1=annual, 12=monthly. |

`frequency.output` |
Frequency of output rate. 1=annual, 12=monthly. |

1 2 | ```
rate.convert(rate=0.00327374,frequency.input=12,frequency.output=1) #Monthly to annual Rate
rate.convert(rate=0.04,frequency.input=1,frequency.output=12) #Annual to monthly Rate
``` |

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