This article describes the formula syntax and usage of the NOMINAL function in Microsoft Excel.


Returns the nominal annual interest rate, given the effective rate and the number of compounding periods per year.


NOMINAL(effect_rate, npery)

The NOMINAL function syntax has the following arguments:



Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

0.053543Effective interest rate
4Number of compounding periods per year
=NOMINAL(A2,A3)Nominal interest rate with the terms above0.05250032

Leave a Reply

Your email address will not be published. Required fields are marked *

Open chat
ভর্তি/সার্টিফিকেট তথ্য জানতে ক্লিক করুন
Scan the code
আস সালামু আলাইকুম। বিস্তারিত জানতে/ কল করতে ক্লিক করুন Open Chat বাটনে