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Financial calculators and cash flows · Nominal annual rate (%)
Nominal annual rate (%). The effective rate is what the nominal rate becomes once compounding is counted.
Nominal annual rate (%)
Mathematical examples based on your inputs; taxes, fees and market forecasts are not included.
Results are for study and planning. Check decisions about real money with a qualified professional.
Your calculation
- Nominal annual rate (%)
- 12
How the calculation works
The effective rate is what the nominal rate becomes once compounding is counted.
A worked example
- Effective annual rate (%)
- 12.6825030132
- Compounding per year
- 12
Step by step
- (1 + 12.683 %)^(1 ÷ 12) = 1.01
- 1.01 − 1 = 1 %
- Nominal annual rate (%) = 1 × 12 = 12 %
Start from the effective annual rate and enter how many times a year interest is compounded.
If one input changes
- Compounding per year = 1: Nominal annual rate (%) = 12.68
- Compounding per year = 2: Nominal annual rate (%) = 12.3
- Compounding per year = 4: Nominal annual rate (%) = 12.12
- Compounding per year = 365: Nominal annual rate (%) = 11.94
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