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nomrr

Nominal rate of return

Description

example

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

Examples

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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

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Effective annual percentage rate, specified as a decimal.

Data Types: double

Number of compounding periods per year, specified as a scalar numeric.

Data Types: double

Output Arguments

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Nominal rate of return, returned as a numeric.

Introduced before R2006a