Enter 4 values and choose a method
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.
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))
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