What is the equation to calculate an interest rate if you kn
 What is the equation to calculate an interest rate if you know the present value, years, and future value. 
 
 Thanks
  What is the equation to calculate an interest rate if you know the present value, years, and future value. 
 
 Thanks
 Thanks
Solution
Future Value=Present Value*(1+r/k)^n
where r is the Interest rate
k is the compunding Intervals
n is the number of Periods
Assuming k is for one year
FV=PV*(1+r)^n
FV/PV=(1+r)^n
(FV/PV)^1/n=(1+r)
r={(FV/PV)^(1/n)} -1
Hence the interest rate can be calculated by this

