Effective Annual Interest Rate

Nominal Interest Rate (interest per annum) ($) :

Number Of Compounding Periods In A Year :

Please Enter A Nominal Interest Rate

Explanation Of Terms

1. Nominal Interest: This is the advertised interest rate – rate per year.


2. Number Of Compounding Periods: It is the number of times your investment is compounded every year. Example – If compounded daily, enter 365. If compounded monthly, enter 12. If compounded bi-monthly, enter 24. If compounded half yearly, enter 2. If compounded quarterly, enter 4.

Read more about Nominal Effective Interest Rates

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