NOMINAL

function NOMINAL(arg1: any = null, arg2: any = null): number | string | boolean

Description

Returns the annual nominal interest rate.

Parameters

arg1anydefault: null

Is the effective interest rate.

arg2anydefault: null

Is the number of compounding periods per year.

Returns

number | string | boolean

Try It

var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.NOMINAL(0.7, 4));

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