EFFECT
function EFFECT(arg1: any = null, arg2: any = null): number | string | booleanDescription
Returns the effective annual interest rate.
Parameters
- arg1
anydefault: null Is the nominal interest rate.
- arg2
anydefault: null Is the number of compounding periods per year.
Returns
number | string | booleanTry It
var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.EFFECT(0.57, 4));