tmval.apr

tmval.conversions.apr(i: float, m: float) → tmval.conversions.RateTemplate

An alias for nominal_from_eff(). Returns annual percentage rate, or nominal interest rate (APR), given an effective rate of interest and compounding frequency of the desired nominal rate.

Parameters

• i (float) – the effective rate of interest

• m (float) – the desired compounding frequency, i.e., compounded m times per year

Returns

the annual percentage rate, or nominal rate of interest (APR)

Return type

float