Enter nominal interest rate
How does the Effective Annual Yield Rate Calculator work?
Free Effective Annual Yield Rate Calculator - Figures out the effective annual yield rate of interest entered by compounding daily, weekly, semi-monthly, monthly, quarterly, semi-annually, and continuously.
This calculator has 1 input.
This calculator has 1 input.
Common Core State Standards In This Lesson
HSA.SSE.B.3.C
What 3 formulas are used for the Effective Annual Yield Rate Calculator?
Effective time = Interest/Number of Compounding Periods
Decimal Rate = (1 + effective time)n - 1
Percentage Rate = 100% * Decimal Rate
Decimal Rate = (1 + effective time)n - 1
Percentage Rate = 100% * Decimal Rate
What 4 concepts are covered in the Effective Annual Yield Rate Calculator?
- compound interest
- the interest you earn on principal and interest
A = (1 + r/n)nt - effective annual yield rate
- Yield rate taking compounding periods into effect
- interest
- payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate
- yield
- How much an investment returns in terms of interest rate
Example calculations for the Effective Annual Yield Rate Calculator
Effective Annual Yield Rate Calculator Video
