Returns the nominal annual interest rate.
Namespace:
Imsl.FinanceAssembly: ImslCS (in ImslCS.dll) Version: 6.5.0.0
Syntax
C# |
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public static double Nominal( double effectiveRate, int nper ) |
Visual Basic (Declaration) |
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Public Shared Function Nominal ( _ effectiveRate As Double, _ nper As Integer _ ) As Double |
Visual C++ |
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public: static double Nominal( double effectiveRate, int nper ) |
Parameters
- effectiveRate
- Type: System..::.Double
A double which specifies the effective interest rate.
- nper
- Type: System..::.Int32
A int which specifies the number of compounding periods per year.
Return Value
A double which specifies the nominal annual interest rate.Remarks
The nominal interest rate is the interest rate as stated on the face
of a security. It is computed using the following: