The EFFECTIVE() function calculates the effective yield for a nominal interest rate (annual rate or APR). It is the same as the EFFECT function.
EFFECT () funtzioak interes- tasa nominal baten produktibitate efektiboa kalkulatzen du. Adibidez: hilero konposatutako% 8- ko interesak, honako produktibitate efektiboa sortzen du: EFFECT( 0, 08; 12) =% 8. 3.