Interest Rate  #Calculator #Finance

Interest rate
%
Annually interest rate(360days) 4.0000%
Semiannually interest rate(180days) 2.0000%
Quarterly interest rate(90days) 1.0000%
Monthly interest rate(30days) 0.3333%
Weekly interest rate(7days) 0.0778%
Daily interest rate 0.0111%
Interest rate formula 

\(R = i \div PV \div t \times 100\%\)

  • R - Rate of interest per year R = r × 100
  • i - Interest amount Interest calculator
  • PV - Present value, principal amount
  • t - Time period involved in months or years(i.e. Calculation period)

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