EFFECT DAX Function (Financial)

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

Syntax

EFFECT ( <Nominal_rate>, <Npery> )
Parameter Attributes Description
Nominal_rate

The nominal interest rate.

Npery

The number of compounding periods per year.

Return values

Scalar A single decimal value.

Last update: Mar 13, 2024   » Contribute   » Show contributors

Contributors: Alberto Ferrari, Marco Russo

Microsoft documentation: https://docs.microsoft.com/en-us/dax/effect-function-dax

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Context Transition

This function performs a Context Transition if called in a Row Context. Click to read more.

Row Context

This expression is executed in a Row Context. Click to read more.

Iterator

Not recommended

The use of this function is not recommended. See Remarks and Related functions for alternatives.

Not recommended

The use of this parameter is not recommended.

Deprecated

This function is deprecated. Jump to the Alternatives section to see the function to use.

Volatile

A volatile function may return a different result every time you call it, even if you provide the same arguments. Click to read more.

Deprecated

This parameter is deprecated and its use is not recommended.

DirectQuery compatibility

Limitations are placed on DAX expressions allowed in measures and calculated columns.
The state below shows the DirectQuery compatibility of the DAX function.

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