rate.convert: Converts an rate with a given frequency to aneffective rate...

View source: R/rate.convert.R

rate.convertR Documentation

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

Description

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

Usage

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

Arguments

rate

interest rate.

frequency.input

Frequency of input rate. 1=annual, 12=monthly.

frequency.output

Frequency of output rate. 1=annual, 12=monthly.

Examples

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

eaoestergaard/UNPIE documentation built on Aug. 23, 2022, 2:28 a.m.