In CNC machining, a free curve is cut into small linear segments using the linear interpolation(G01) method. Therefore, the interpolation error along the curve is not constant due to the changing curvature. This paper presents a NURBS (Non-Uniform Rational B-Spline) interpolation algorithm for machining free curves with high precision and high speed. The proposed NURBS interpolation defines the tool path with NURBS parameters and limits the interpolation error to any desired level by adjusting the feed rate considering the curvature of the shape and sampling time. Both linear and NURBS interpolations are compared to show the validity of the proposed algorithm.