Finance
APY Calculator
Convert nominal APR and compounding frequency into annual percentage yield.
Free to use — no sign-up or login.
APY
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Amortization schedule
| # | Date | Payment | Principal | Extra | Interest | Balance |
|---|---|---|---|---|---|---|
This free APY Calculator covers Convert nominal APR and compounding frequency into annual percentage yield.
APY is the effective yearly return after compounding. Related finance tools sit beside How it works, with no account required.
Using the APY Calculator
Convert nominal APR and compounding frequency into annual percentage yield. Typical inputs are Nominal APR (%) and Compounds per year. How it works beside the form states the identity the APY Calculator applies.
FAQ
How do I use the APY Calculator?
Open the APY Calculator, fill Nominal APR (%) and Compounds per year, and read the result. Raise one plus the period rate to the number of compounds, then subtract one.
What formula does the APY Calculator use?
The APY Calculator uses the identity in How it works. In words: Raise one plus the period rate to the number of compounds, then subtract one.
Sources
Assumptions and limitations
Finance results are illustrative. They typically omit taxes, fees, prepayment penalties, and product rules, and they are not investment or lending advice.