8 Other formulas that you can solve using the same Inputs

Certificate of Deposit
Certificate of Deposit=Initial Deposit Amount *(1+(Annual Nominal Interest Rate /Compounding Periods))^(Compounding Periods*Number of Years ) GO
Monthly Mortgage Payment
Monthly Payment=(Mortgage Amount*Interest Rate*(1+Interest Rate)^Compounding Periods)/((1+Interest Rate)^Compounding Periods-1) GO
Monthly Payment
Monthly Payment=(Loan Amount*Interest Rate*(1+Interest Rate)^Compounding Periods)/((1+Interest Rate)^Compounding Periods)-1 GO
EMI
EMI=Loan Amount*Interest Rate*((1+Interest Rate)^Compounding Periods/((1+Interest Rate)^Compounding Periods-1)) GO
Future Value of a Present Sum when Compounding Periods are given
Future Value=Present Value*(1+(Rate of Return/Compounding Periods))^(Compounding Periods*Number of Periods) GO
Present Value of a Future Sum when compounding periods are given
Present Value=Future Value/(1+(Rate of Return/Compounding Periods))^(Compounding Periods*Number of Periods) GO
Annual Percentage Yield
Annual Percentage Yield=(1+(Stated annual interest rate/Compounding Periods))^Compounding Periods-1 GO
Loan Amount
Loan Amount=(Annuity Payment/Interest Rate)*(1-(1/(1+Interest Rate)^Compounding Periods)) GO

Nominal Interest Rate Formula

Nominal Interest Rate or Stated Rate=Compounding Periods*((1+Effective Interest Rate)^(1/Compounding Periods)-1)
More formulas
Annual Percentage Rate GO
Jensen's Alpha GO
Profitability Index GO
Yield to Maturity GO
Current Bond Yield GO
Net Present Value (NPV) for even cash flow GO
Annuity Payment GO
Return on Investment when Net Profit is given GO
Return on Investment when Return is given GO
Rate of Return GO
Sharpe Ratio GO
Straight Line Depreciation GO
Certificate of Deposit GO
Compound Interest GO
Capital Gains Yield GO
Discounted Payback Period GO
Doubling Time GO
Doubling Time (Simple Interest) GO
Doubling Time (Continuous Compounding) GO
PV of Perpetuity GO
Real Rate of Return GO
Risk Premium GO
Rule of 72 GO
Present Value of Stock With Constant Growth GO
Present Value of Stock With Zero Growth GO
Total Stock Return GO
Zero Coupon Bond Value GO
Zero Coupon Bond Effective Yield GO
Actuarial Method Unearned Interest Loan GO

What is Nominal Interest Rate?

The nominal interest rate refers to the interest rate before taking inflation into account. Nominal can also refer to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest. Nominal interest rates exist in contrast to real interest rates and effective interest rates. Real interest rates tend to be important to investors and lenders, while effective rates are significant for borrowers as well as investors and lenders.

How to Calculate Nominal Interest Rate?

Nominal Interest Rate calculator uses Nominal Interest Rate or Stated Rate=Compounding Periods*((1+Effective Interest Rate)^(1/Compounding Periods)-1) to calculate the Nominal Interest Rate or Stated Rate, The nominal interest rate refers to the interest rate before taking inflation into account. Nominal Interest Rate or Stated Rate and is denoted by i symbol.

How to calculate Nominal Interest Rate using this online calculator? To use this online calculator for Nominal Interest Rate, enter Effective Interest Rate (EAR) and Compounding Periods (n) and hit the calculate button. Here is how the Nominal Interest Rate calculation can be explained with given input values -> 2.14814 = 10*((1+6)^(1/10)-1).

FAQ

What is Nominal Interest Rate?
The nominal interest rate refers to the interest rate before taking inflation into account and is represented as i=n*((1+EAR)^(1/n)-1) or Nominal Interest Rate or Stated Rate=Compounding Periods*((1+Effective Interest Rate)^(1/Compounding Periods)-1). The effective interest rate is the true rate of interest earned and Compounding Periods is the number of times compounding will occur during a period.
How to calculate Nominal Interest Rate?
The nominal interest rate refers to the interest rate before taking inflation into account is calculated using Nominal Interest Rate or Stated Rate=Compounding Periods*((1+Effective Interest Rate)^(1/Compounding Periods)-1). To calculate Nominal Interest Rate, you need Effective Interest Rate (EAR) and Compounding Periods (n). With our tool, you need to enter the respective value for Effective Interest Rate and Compounding Periods and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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