To comment on the following update, log in, then open the issue: http://www.openoffice.org/issues/show_bug.cgi?id=70486 Issue #|70486 Summary|Nominal Rate Calculation error Component|Spreadsheet Version|OOo 2.0.4 Platform|PC URL| OS/Version|All Status|UNCONFIRMED Status whiteboard| Keywords| Resolution| Issue type|DEFECT Priority|P3 Subcomponent|code Assigned to|spreadsheet Reported by|lduplant2000
------- Additional comments from [EMAIL PROTECTED] Mon Oct 16 09:31:52 -0700 2006 ------- I use the French version of OOo 2.0.4 so please excuse the free translation of the functions discussed here. In calculating Canadian mortgages ( the interest is compounded 2 times per year) I must adjust the published rate (i.e. the effective rate) with the function "Nominal Rate". However, the result given by this function is incorrect by about 0.2%. The mathematical equation to convert the effective rate to a nominal rate with 2 interest periods per year is: NOMINAL_RATE = ((1+EFFECTIVE_RATE/2)^(1/6)-1)*12 Has anyone noticed this before. Is there a solution? --------------------------------------------------------------------- Please do not reply to this automatically generated notification from Issue Tracker. Please log onto the website and enter your comments. http://qa.openoffice.org/issue_handling/project_issues.html#notification --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED] --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED]
