# Talk:Documentation/Calc Functions/EFFECT

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## SF Comments

- (1) Summary, 1st paragraph. Insert space before open round bracket.
- (2) Returns. Insert space before open round bracket. Suggest replacing “where the nominal interest rate is Nom and the number of compounding periods per year is P” with “for the given arguments”. Ought we to spell out that the Excel EFFECT function does not return the value formatted as a percentage?
- (3) Additional details. It would not do any harm to link to the Wikipedia page entitled “Effective interest rate”.
- (4) Examples, 1st, 2nd, 3rd, and 4th examples. Suggest replacing “what is the actual interest rate (effective rate)” with “the effective interest rate”.

--Stevefanning (talk) 2020-11-18T14:00:50 (UTC)