Compound Interest RateConvertors Revised March, 2014 Scroll Down For Instructions I   Converts Annual (Nominal) Interest to Compounded Interest

 INPUT Annual (Nominal) Rate >>>>> How is this rate to be compounded?

 II   Converts Compounded Interest to Annual (Nominal) Interest INPUT Compounded Rate >>>>> How was this rate compounded?

I N S T R U C T I O N S

 This page contains two calculators. Calculator I converts an annual (nominal) rate to a compounded rate. Example: An annual (nominal) rate of 9 per cent yields what interest rate when compounded monthly? Using calculator I, input 9. Click on 'Monthly' compounding and the compounded rate is 9.3807%. Calculator II converts a compounded rate to an annual (nominal) rate. Example:What is the annual (nominal) rate of a 7 per cent compounded daily rate? Using calculator II, input 7. Click on 'Daily' compounding and the compounded rate is 6.7665%.

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Number of Decimal Places >>>>>
The convertor will automatically calculate interest to 4 decimal places.
Change this number for the amount of accuracy you want.

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