ear {FinCal}

Convert stated annual rate to the effective annual rate

Description

Convert stated annual rate to the effective annual rate

Usage

ear(r, m)

Arguments

r

stated annual rate

m

number of compounding periods per year

See Also

ear.continuous

hpr2ear

ear2bey

ear2hpr

Examples

ear(r=0.12,m=12)

ear(0.04,365)