Effective Annual Interest Rate Calculator

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Posted by Dinesh on

This calculator calculates the effective period rate, effective interest rate using annual interest, compounding periods per year values.

Effective Annual Interest Rate Calculation

%
Days
% Per Day
% Per Year

Formula:

Effective Period Rate = Annual Interest / Compounding Period
Effective Interest Rate = (1+ Effective Period Rate / Compounding Period)Compounding Period - 1

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