Effective Interest Rate Calculator - Continuous
Calculates the effective interest rate for a nominal rate compounded continuously.
Nom: The nominal interest rate.
Example 1
Calculate the effective interest rate for a nominal rate of 10% compounded continuously?
| Value | Keystrokes | Display | Description |
|---|---|---|---|
| 10 | Nom | 10.000 | Stores the value. |
| Eff | 10.517 | Calculates the effective rate. |
Example 2
Calculate the nominal rate for an effective rate of 5.2% compounded continuously.
| Value | Keystrokes | Display | Description |
|---|---|---|---|
| 5.2 | Eff | 5.2000 | Stores the value. |
| Nom | 5.069 | Calculates the nominal rate. |
Reference:
Effective interest rate - Wikipedia