| ear {capitalR} | R Documentation |
Effective Annual Rate
Description
Effective Annual Rate
Usage
ear(apr, n, p = 5)
Arguments
apr |
Annual Rate (Nominal Interest Rate) |
n |
Number of compounds in a year |
p |
Calculates the EAR to the (1/10^p) decimal place |
Value
Effective Annual Rate
Examples
ear(apr= 0.05, n = 12)
[Package capitalR version 1.3.0 Index]