Financial Toolbox

nomrr

Nominal rate of return

Syntax

• Return = nomrr(Rate, NumPeriods)
  

Arguments

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

Description

Return = nomrr(Rate, NumPeriods) calculates the nominal rate of return.

Examples

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

• Return = nomrr(0.0938, 12)
  

returns

• Return =
           0.0900 (9.0%)
  

See Also

effrr, irr, mirr, taxedrr, xirr

movavg

now