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WorksheetFunction.Nominal Method

  • Artigo
Excel Developer Reference

Returns the nominal annual interest rate, given the effective rate and the number of compounding periods per year.

Syntax

expression.Nominal(Arg1, Arg2)

expression   A variable that represents a WorksheetFunction object.

Parameters

Name Required/Optional Data Type Description
Arg1 Required Variant Effect_rate - the effective interest rate.
Arg2 Required Variant Npery - the number of compounding periods per year.

Return Value
Double

Remarks

  • Npery is truncated to an integer.

  • If either argument is nonnumeric, NOMINAL returns the #VALUE! error value.

  • If effect_rate ≤ 0 or if npery < 1, NOMINAL returns the #NUM! error value.

  • NOMINAL is related to EFFECT as shown in the following equation:

    Equation

See Also