Nominal Interest Rate Calculator
Why use the Nominal Interest Rate calculator?
You can quickly perform NOMINAL INTEREST RATE calculation using MYcalcu without any error. It is a free tool, and it provides the eased accessibility to online calculations without any payment or login restraints.
HOW MYCALCU FINDS A NOMINAL INTEREST RATE?
This calculator follows the following formula:
Nominal Interest Rate = n * ((1 + r)^1/n - 1), where
r = Effective Annual Interest Rate
n = # of compounding periods per year
HOW TO USE MyCalcu NOMINAL INTEREST RATE CALCULATOR?
Using MyCalcu is easy. Simply enter all the values and click the calculate button.