NOMINAL

**Syntax:** **NOMINAL( R, C)**

*R* = Effective interest rate

*C* = Number of compounding periods per year

**NOMINAL** returns the nominal annual interest rate for an
effective interest rate *R* and the number of compounding
periods per year *C*.

**Example:**

**NOMINAL**(6.9347%, 5) = 0.0675

**Excel function:** *N/A*

Grey Trout Software

02 March 2003