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Online Tools and Calculators >Financial Calculators>APY Calculator

APY Calculator

Nominal annual rate: %
Compounding periods:

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

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