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Yield (annual interest calculation) formula

Description of the Yield (annual interest calculation) formula

Formula for the calculation of the yield with annual interest calculation periods.

Formula

\[ RR=\left (\frac{FV}{PV}  \right )^\frac{1}{N}-1 \ \]

Symbols

\(FV\ \)       
Future value
\(N\ \)       
Number of periods (years)
\(PV\ \)       
Present value