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nomrr    Examples   See Also

Nominal rate of return.

Syntax

Arguments

er
Effective annual percentage rate. Enter as a decimal fraction.
per
Number of compounding periods per year, an integer.

Description

apr = nomrr(er, per) calculates the nominal rate of return.

Example

To find the nominal annual rate of return based on an effective annual percentage rate of 9.38% compounded monthly:

returns

See Also

effrr, irr, mirr, taxedrr, xirr

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