Calculating Interest Rate for Compounding -- e-Tools Age

Calculating Interest Rate for Compounding

On this page, the calculator allows the user to calculate the compound growth rate for given period. The balance your account has grown to at some point in the future is known. Compound interest is a great thing when you are earning it.


Compound Interest Calculator	Calculating Interest Rate for Compounding	Calculating time required to reach goal


Principal amount Future amount Number of years Number of times per year Annual interest rate(%):
The formula for Calculating Compound Interest Rate: r =n((F/P)^1/nt -1) P =initial principal n = number of times the interest is compounded per year t = number of years F = future amount after time t r = annual nominal interest rate
Example usage: If you start a bank account with $1500 and your bank compounds the interest quarterly at an annual nominal interest rate . Find the balance after 6 years is $1900. Using the formula above, with P = 1200, F = 1900, n = 4, and t = 6: r =4X((1900/1600)^1/(4X5) -1)X100.So, the annual nominal interest rate is 3.96%. Top Use: Compound Interest Rate Calculator - Principal:4219 Future:6264 Times:1 Years:5 Recent user inquiry: 12/2/2023 10:02Compound Interest Rate Calculator - Principal:300000 Future:5 Times:12 Years:10 12/2/2023 04:13Compound Interest Rate Calculator - Principal:70000 Future:248000 Times:1 Years:25 12/2/2023 03:22Compound Interest Rate Calculator - Principal:525000 Future:31000 Times:1 Years:15 12/2/2023 02:54Compound Interest Rate Calculator - Principal:300000 Future:7 Times:1 Years:1 12/2/2023 01:56Compound Interest Rate Calculator - Principal:8357 Future:33428 Times:342 Years:13

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