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.
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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: 2021/3/2 06:06Compound Interest Rate Calculator - Principal:900000 Future:900000 Times:12 Years:3 2021/3/2 05:38Compound Interest Rate Calculator - Principal:600000 Future:12500 Times:12 Years:5 2021/3/2 01:40Compound Interest Rate Calculator - Principal:50000 Future:5 Times:364 Years:13 2021/3/2 00:50Compound Interest Rate Calculator - Principal:4120 Future:7540 Times:12 Years:5 2021/3/2 00:13Compound Interest Rate Calculator - Principal:300000 Future:4 Times:1 Years:1