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    newee's Avatar
    newee Posts: 1, Reputation: 1
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    #1

    Mar 3, 2008, 12:54 PM
    Calculating Interest Rates
    What is the formula for calculating interest rates when the present value, the years and the future value is given?:confused:
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 3, 2008, 01:13 PM
    Remember this formula:



    where:
    FV = future value
    PV = present value
    i = interest rate per period (typically years)
    n = period (typicaly years).

    In this case you need to rearrange the formula to get by itself:



    Hope this helps.

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