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Nominal interest rate and effective interest rate converter help |
| Settings | Remark |
| Nominal annual interest rate (R) |
Is the annual rate of interest without taking into account the compounding of interest within that year.
The interest rate may contain max 4 digits after its decimal point. The interest rate entered may contain a comma (,) or point (.) as a decimal point separator. Correct entered interest rates 5.1234 5.25 5,25 4 Incorrect entered interest rates 5.04155 |