TRY NEW VERSION

EFFECT

EFFECT(arg1, arg2) → { number | string | boolean }

Returns the effective annual interest rate.

Parameters:

Name Type Description
arg1 any

Is the nominal interest rate.

arg2 any

Is the number of compounding periods per year.

Returns:

Type
number | string | boolean

Example

Copy code
builder.CreateFile("xlsx");
var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.EFFECT(0.57, 4));
builder.SaveFile("xlsx", "EFFECT.xlsx");
builder.CloseFile();

Resulting document