tmval.apy

tmval.conversions.apy(im: float, m: float) → float

An alias for effective_from_nominal(). Returns annual percentage yield, or annual effective yield (APY), given a nominal rate of interest and compounding frequency.

Parameters

• im (float) – the nominal rate of interest

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

Returns

the annual percentage yield, or annual effective yield (APY)

Return type

float