Enter 4 values and choose a method

<-- m
<-- n
<-- l
<-- APR
       

How does the Approximations of Interest Rate Calculator work?
Free Approximations of Interest Rate Calculator - Interest Rate Approximations: Approximates a yield rate of interest based on 4 methods:
1) Max Yield denoted as imax
2) Min Yield denoted as imin
3) Constant Ratio denoted as icr
4) Direct Ratio denoted as idr
This calculator has 4 inputs.
What 5 formulas are used for the Approximations of Interest Rate Calculator?
v = 1/(1 + APR)
imxy = (2 * m * k)/(L * (n + 1) - k * (n - 1))
imny = (2 * m * k)/(L * (n + 1) + k * (n - 1))
icr = 2 * m * k/L * (n + 1)
icr = 2 * m * k/(L * (n + 1) - 1/3 * k * (n - 1))
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What 7 concepts are covered in the Approximations of Interest Rate Calculator?
approximation
anything that is intentionally similar but not exactly equal to something else.
approximations of interest rate
interest rate
the proportion of a loan that is charged as interest to the borrower or proportion of principal credit given to a depositor
maximum
the greatest or highest amount possible or attained
minimum
the least or lowest amount possible or attained
yield
How much an investment returns in terms of interest rate
yield
How much an investment returns in terms of interest rate