tmval.nom_int_from_eff_int

tmval.conversions.nom_int_from_eff_int(i: float, new_m: float, old_t: float = None) → tmval.conversions.RateTemplate[source]

A nominal/effective interest/discount rate converter. Given an effective interest rate and desired compounding frequency, returns the nominal interest rate.

Parameters

  • i (float) – the effective interest rate.

  • new_m (float,) – the desired compounding frequency.

  • old_t (float, optional) – the interval of the effective interest rate. Assumed to be 1 if not provided.

Returns

the nominal interest rate.

Return type

RateTemplate