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Long Term Support Release

  • Bug fixes for general core bugs in 4.1.x will end 13 November 2023 (12 months).
  • Bug fixes for security issues in 4.1.x will end 10 November 2025 (36 months).
  • PHP version: minimum PHP 7.4.0 Note: minimum PHP version has increased since Moodle 4.0. PHP 8.0.x is supported too.

Differences Between: [Versions 400 and 401]

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Defines 1 class

InterestRate:: (2 methods):
  effective()
  nominal()


Class: InterestRate  - X-Ref

effective($nominalRate = 0, $periodsPerYear = 0)   X-Ref
EFFECT.

Returns the effective interest rate given the nominal rate and the number of
compounding payments per year.

Excel Function:
EFFECT(nominal_rate,npery)

param: mixed $nominalRate Nominal interest rate as a float
param: mixed $periodsPerYear Integer number of compounding payments per year
return: float|string

nominal($effectiveRate = 0, $periodsPerYear = 0)   X-Ref
NOMINAL.

Returns the nominal interest rate given the effective rate and the number of compounding payments per year.

param: mixed $effectiveRate Effective interest rate as a float
param: mixed $periodsPerYear Integer number of compounding payments per year
return: float|string Result, or a string containing an error