APY Calculator
Calculate the annual percentage yield (APY).
About APY Calculator
The APY Calculator is used to calculate the annual percentage yield (APY).
APY Definition
Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year.
Formula
The annual percentage yield calculation formula is as follows:
APY = (1 + r/n)n - 1
Where:
r = stated annual interest rate (nominal interest rate)
n = number of compounding periods per year
Reference this content, page, or tool as:
"APY Calculator" at https://miniwebtool.com/apy-calculator/ from miniwebtool, https://miniwebtool.com/