Overview

The Rate Conversions Window lets you perform conversions between nominal, effective, equivalent and periodic rates.

Rate calculations

Nominal to effective annual rate and periodic rate

Calculates the effective annual rate and the periodic rate for a given nominal annual rate. The effective annual rate is the actual annual interest rate when compounding is taken into account.

Equivalent nominal annual rate and periodic rate

Calculates equivalent annual rates which, for the corresponding compounding frequency, will yield the same interest per year as the given nominal annual rate and compounding frequency.

Periodic rate to nominal and effective annual rate

Calculates the nominal annual rate and the corresponding effective annual rate based on the given periodic rate and the corresponding compounding frequency.

Effective to nominal annual rate and periodic rate

Calculates the nominal annual rates at the different compounding frequencies to obtain the given effective annual rate.