Real interest rate is calculated by adjusting for the effects of inflation when compared to the nominal interest rate. The calculation formula is simple, as it only requires subtracting the rate of inflation from the nominal interest rate. The value left after subtraction is the real interest rate.
To calculate interest, multiply the periodic interest rate by the principle amount. For example, if you borrowed $1000 with an interest rate of 10 percent, in a year your interest paid is $100.
A simple interest calculator figures out the amount of interest that is earned and added to an initial investment amount. To calculate the interest amount, a person must provide the interest amount, interest rate and period of investment. The calculator does the math and displays the total amount of
There are several online surveys of savings interest rates, and one of the easiest to use is from Bankrate.com. Go to the Bankrate website, select the Bank Rates tab, and click on Checking & Savings. Select the MMA and Savings option for either national or local banks.
Bankrate publishes a list of the savings accounts offered by banks that have the highest interest rates. As of July 30, 2015, Synchrony Bank's interest rate of 1.05 percent is the highest rate on a savings account without minimum deposit. Credit unions tend to have high-yield savings accounts, recom
Energy rates are calculated by adding the base cost of the energy itself and the cost of transporting the energy to the end user. In addition, companies calculate in the costs for weather-related repairs and the expense of maintaining the energy-delivery infrastructure. The time of day also impacts
As of June 2015, personal savings account interest rates are averaging 1 percent per year, according to MoneyRates.com. This means that an individual receives 1 percent of the total he has deposited in a particular account for the entire year.
An interest rate is the total percentage paid by the borrower on a loan. It can also be the difference between the money paid back and the money borrowed. The interest rate is what a lender charges a borrower for taking a loan and is also used to determine the rate paid on money deposited in savings
Target heart rate calculators are tools that are used to determine heart rate ranges for physical exercise, according to Active.com. By accounting for age and exertion level, these calculators give users a good idea of how hard they should be pushing themselves while exercising.
A tax interest calculator determines the amount of interest owed on taxes that are paid late, as seen on the New York State Department of Taxation and Finance website. Several state tax websites, including New York and Pennsylvania, provide tax interest calculators, as do third-party services.