Finance
Solve Compound Rate
Per-period rate to grow PV into FV over n periods.
Formula
Formula
r = (FVPV)1n − 1
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| PV | present value | PV > 0 | currency | input |
| FV | future value | FV > 0 | currency | input |
| n | number of periods | n > 0 | — | input |
| r | rate per period | real number | % | result |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givenpresent value = 1000, future value = 2000, periods = 10
Result7.177346254
Example 2
Givenpresent value = 5000, future value = 8000, periods = 5
Result9.856054331