Financial Tool
Nominal Interest Rate Calculator
Convert Effective Annual Rate (EAR) back to the Nominal Annual Rate.
Nominal Annual Rate
4.8889%
Stated APR
Σ The Formula
r = n × [(1 + EAR)^(1/n) - 1]
Real World Examples
Loan
Effective 5.12% with monthly compounding = 5.00% Nominal.
Savings
Comparing APY (Effective) vs APR (Nominal).
# About This Calculator
The Nominal Interest Rate is the stated rate before taking compounding into account. The Effective Rate (or APY) is the rate you actually earn or pay after compounding.
Use this tool to find the "base" rate if you know the final yield and the compounding frequency.
Frequently Asked Questions
Is Nominal Interest Rate Calculator free to use?+
Yes, Nominal Interest Rate Calculator on Matheric is completely free to use. We believe in accessible education and utility for everyone.
How accurate is Nominal Interest Rate Calculator?+
We use standard mathematical formulas and high-precision computing algorithms to ensure results for Nominal Interest Rate Calculator are accurate for academic and professional use.
Can I use Nominal Interest Rate Calculator on my phone?+
Yes! Nominal Interest Rate Calculator is fully responsive and optimized for all devices, including smartphones, tablets, and desktops.
Do you save my data?+
No. We prioritize your privacy. All calculations are performed in your browser or temporarily processed, and we do not store your personal input data.
How do I report a bug?+
If you notice any issues with Nominal Interest Rate Calculator or have suggestions for improvement, please contact us via the link in the footer. We value your feedback!
Can I request a new feature?+
Absolutely. We are constantly expanding our toolset. Feel free to reach out with your requests, and we might build it next!
About
The Nominal Interest Rate is the stated rate before taking compounding into account. The Effective Rate (or APY) is the rate you actually earn or pay after compounding.
Use this tool to find the "base" rate if you know the final yield and the compounding frequency.