The EFFECT() function calculates the effective yield for a nominal interest rate (annual rate or APR). For example: 8% interest compounded monthly provides an effective yield of EFFECT(.08; 12) or 8.3%.
De funksje EFFEKT () berekkent de effektive rinte by in nominaal rintepersintaazje (jierlikse rinte of APR). Foarbyld: 8% yn' e moanne gearstalde rinte jout in effektive rinte fan EFFEKTYF (, 08; 12) ofwol 8, 3%.