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)
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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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