Finance

Real Interest Rate

Inflation-adjusted rate (Fisher equation).

Formula

Formula
r_real = 1+r1+i − 1

Variables

SymbolDefinitionType & rangeUnitsRole
r nominal rate real number (ℝ) input
i inflation rate real number (ℝ) input

Try it yourself

Interactive calculator
Result

Worked examples

Example 1
Givennominal (%) = 7, inflation (%) = 3
Result3.883495146
Example 2
Givennominal (%) = 5, inflation (%) = 2
Result2.941176471