Effective Annual Rate
Equation and meaning
\[EAR = ( ( ( 1 + periodic_rate ) ) ^ m ) - 1\]
Use this equation when the shown variables describe your problem. Keep all inputs in compatible units; the calculator converts them to SI internally before solving.
Variables in this formula
EAR — EarEnter this value unless it is the selected unknown.
m — MassMass SI unit: kg
periodic_rate — Periodic RateEnter this value unless it is the selected unknown.