Calculates the effective interest rate for a nominal rate compounded continuously.
Formula: 100*(exp(Nom/100) - 1)
Nom: The nominal interest rate.
Calculate the effective interest rate for a nominal rate of 10% compounded continuously?
|10||Nom||10.000||Stores the value.|
|Eff||10.517||Calculates the effective rate.|
Calculate the nominal rate for an effective rate of 5.2% compounded continuously.
|5.2||Eff||5.2000||Stores the value.|
|Nom||5.069||Calculates the nominal rate.|