# Effective annual interest rate calculator

Effective annual interest rate calculator is a mathematical instrument that assists to solve math equations.

## Nominal and Effective Rates Calculator

The Effective Annual Interest Rate (EAR) is the rate of interest actually earned on an investment or paid on a loan as a result of compounding

## Effective Annual Interest Rate: Definition, Formula, and Example

Effective period interest rate = 0.667% per day. Effective annual interest rate = 8.300% per year. The calculator uses particular formulas in performing the calculations. Effective Period Rate =
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## How do students think about us

Jeffrey Mullins

100 recommend, all over this application is awesome, amazing app, easy to use, some ads but not to many, gives you so many solutions and even shows the steps, 10/10. An extremely useful teaching tool or crutch when needed, and it shows you how to solve, but I notice that when you can't answer the question you'll write"hmm.

Ronald Jimenez

Amazing speed of calculting and can solve WAAAY more calculations than any regular calculator, and it's really helpful because of step by step process on solving, as a student, Thank you for developing this app.

## Effective Interest Rate Calculator

Effective Period Rate = Nominal Annual Rate / n. Effective annual interest rate calculation. The effective interest rate is equal to 1 plus the nominal interest rate in percent divided by the