How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
Effective annual rate
((1+rate/100/frequency)^frequency-1)*100Assumes a fixed nominal rate and regular compounding; excludes fees.
Assumes a fixed nominal rate and regular compounding; excludes fees.
Enter your values and run the tool to see your result.
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
((1+rate/100/frequency)^frequency-1)*100