WorksheetFunction.Nominal Method

  • Article

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

Namespace:  Microsoft.Office.Interop.Excel
Assembly:  Microsoft.Office.Interop.Excel (in Microsoft.Office.Interop.Excel.dll)

Syntax

'Declaration
Function Nominal ( _
    Arg1 As Object, _
    Arg2 As Object _
) As Double
'Usage
Dim instance As WorksheetFunction
Dim Arg1 As Object
Dim Arg2 As Object
Dim returnValue As Double

returnValue = instance.Nominal(Arg1, Arg2)

double Nominal(
    Object Arg1,
    Object Arg2
)

Parameters

  • Arg1
    Type: System.Object

    Effect_rate - the effective interest rate.

  • Arg2
    Type: System.Object

    Npery - the number of compounding periods per year.

Return Value

Type: System.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(Object, Object) as shown in the following equation:

Figure 1: Equation

Equation

See Also

Reference

WorksheetFunction Interface

WorksheetFunction Members

Microsoft.Office.Interop.Excel Namespace