nomrr
Nominal rate of return
Description
calculates the nominal rate of return.Return
= nomrr(Rate
,NumPeriods
)
Examples
Calculate the Nominal Rate of Return
This example shows how to calculate the nominal rate of return based on an effective annual percentage rate of 9.38% compounded monthly.
Return = nomrr(0.0938, 12)
Return = 0.0900
Input Arguments
Rate
— Effective annual percentage rate
decimal
Effective annual percentage rate, specified as a decimal.
Data Types: double
NumPeriods
— Number of compounding periods per year
scalar numeric
Number of compounding periods per year, specified as a scalar numeric.
Data Types: double
Output Arguments
Return
— Nominal rate of return
numeric
Nominal rate of return, returned as a numeric.
Version History
Introduced before R2006a
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