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Interest Rate Calculator

Solve for the interest rate given present value, future value, and time.

Present Value ($)

Future Value ($)

Time (years)

(months)

Required Interest Rate

8.4472%

Present Value

$10,000.00

Future Value

$15,000.00

Total Growth

$5,000.00

Time Period

5 years

Formula

r = (FV / PV)^1/t - 1

(15,000.00 / 10,000.00)^1/5 - 1 = 8.4472%