Nominal Interest Rate Calculator

Nominal Interest Rate Calculator calculate the nominal annual interest rate based on the effective annual interest rate and the number of compounding periods per year. The compounding period can be continuous for the nomial interest rate calculator.

Nominal Interest Rate Formula

Following is the Nominal Interest Rate Formula on how to calculate nominal interest rate.
Nominal Interest Rate = n * ((1 + r)^1/n - 1), where
r = Effective Annual Interest Rate
n = # of compounding periods per year

If the compounding is continuous, then the formula becomes
Nominal Interest Rate = ln(r + 1), where
r = Effective Annual Interest Rate