Interest Converter

Convert Nominal Rate to EAR, EAR to Nominal Rate, and calculate APR easily.

Nominal → EAR
EAR → Nominal
APR

Calculated Result

0%
Calculation Type

Nominal → EAR

Status

Ready

Compounding EAR (%)
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About Interest Rates

Nominal Interest Rate

The nominal interest rate is the stated annual rate without considering compounding.

Effective Annual Rate (EAR)

EAR shows the real annual return after including the effect of compounding.

EAR = (1 + r / n)n − 1

Annual Percentage Rate (APR)

APR represents the total borrowing cost including fees and charges.

APR = Interest Rate + Fees / Loan Amount