public static function PHPExcel_Calculation_Financial::NOMINAL in Loft Data Grids 6.2

Same name and namespace in other branches

1. 7.2 vendor/phpoffice/phpexcel/Classes/PHPExcel/Calculation/Financial.php \PHPExcel_Calculation_Financial::NOMINAL()

* NOMINAL * * Returns the nominal interest rate given the effective rate and the number of compounding payments per year. * *

Parameters

float $effect_rate Effective interest rate: * @param int $npery Number of compounding payments per year * @return float

File

vendor/phpoffice/phpexcel/Classes/PHPExcel/Calculation/Financial.php, line 1474

Class

PHPExcel_Calculation_Financial

PHPExcel_Calculation_Financial

Code

public static function NOMINAL($effect_rate = 0, $npery = 0) {
  $effect_rate = PHPExcel_Calculation_Functions::flattenSingleValue($effect_rate);
  $npery = (int) PHPExcel_Calculation_Functions::flattenSingleValue($npery);

  // Validate parameters
  if ($effect_rate <= 0 || $npery < 1) {
    return PHPExcel_Calculation_Functions::NaN();
  }

  // Calculate
  return $npery * (pow($effect_rate + 1, 1 / $npery) - 1);
}