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View Full Version : Calculating Interest Rates - solve for the unknown


mickey994
Apr 29, 2012, 07:01 PM
Calculating interest rate:

PV Years Int. Rate Future Value
$242 2 ? $307
410 9 896
51,700 15 162,181
18,750 30 483,500

ArcSine
Apr 30, 2012, 04:03 AM
For a given single Future value, Present value, and number of years, the annually-compounded rate is given in decimal form by

\left( \frac{F}{P} \right)^{1/y} \ -\ 1