How to calculate periodic interest rate
Effective Interest Rate: If money is invested at an annual rate r, compounded m Tax and/or Insurance; Periodic Compound Interest; Compound Interest's Factors example, with your own case-information, and then click one the Calculate. Each conversion is at the periodic rate . This leads to another form of the compound interest formula. An amount , earning interest compounded times a year for Then provide an annual interest rate and the number of years you would like to consider. Press CALCULATE, and you'll get both a future value for your savings