Effective Interest Rate
Calculate the effective interest rate. This is the effective interest rate—the actual interest rate—that applies when a financial institution requires a restricted deposit as a condition of a loan.
| Loan Interest Rate | % |
| Effective Interest Rate | % |
Effective Interest Rate = (Loan Interest – Deposit Interest) / (Loan Balance – Deposit Balance) × 100(%)
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*This site assumes no responsibility whatsoever for calculation results or other information. Furthermore, we do not provide individual consultations.
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