Difference between revisions of "Documentation/How Tos/Calc: NOMINAL function"
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− | __NOTOC__ | + | {{DISPLAYTITLE: NOMINAL function}} |
+ | {{Documentation/CalcFunc FinancialTOC | ||
+ | |ShowPrevNext=block | ||
+ | |PrevPage=Documentation/How_Tos/Calc:_MDURATION_function | ||
+ | |NextPage=Documentation/How_Tos/Calc:_NOMINAL_ADD_function | ||
+ | }}__NOTOC__ | ||
== NOMINAL == | == NOMINAL == | ||
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=== Example: === | === Example: === | ||
<tt>'''NOMINAL(6%; 4)'''</tt> | <tt>'''NOMINAL(6%; 4)'''</tt> | ||
− | : returns approximately <tt>'''5.87%'''</tt>, which is the nominal rate for an investment with | + | : returns approximately <tt>'''5.87%'''</tt>, which is the nominal rate for an investment with an effective rate of 6% per annum, compounded quarterly. |
=== Issues: === | === Issues: === | ||
− | * The calculation assumes that interest is credited at the end of exactly equal periods. In reality different quarter-years, for example, have different numbers of days. | + | * The calculation assumes that interest is credited at the end of exactly equal periods. In reality, different quarter-years, for example, have different numbers of days. |
− | {{ | + | {{SeeAlso|EN| |
* [[Documentation/How_Tos/Calc: NOMINAL_ADD function|NOMINAL_ADD]] | * [[Documentation/How_Tos/Calc: NOMINAL_ADD function|NOMINAL_ADD]] | ||
* [[Documentation/How_Tos/Calc: EFFECTIVE function|EFFECTIVE]] | * [[Documentation/How_Tos/Calc: EFFECTIVE function|EFFECTIVE]] |
Latest revision as of 11:06, 31 January 2024
- Financial FunctionsDepreciation
- AMORDEGRCAMORLINCDBDDBSLNSYDVDBPayment Streams, Annuities, Loans
- CUMIPMTCUMIPMT_ADDCUMPRINCCUMPRINC ADDFVFVSCHEDULEIPMTIRRISPMTMIRRNPERNPVPMTPPMTPVRATERRIXIRRXNPVSecurities
-