APR to APY Calculator

Understand the apr to apy calculator result

APR to APY Calculator is designed for comparing savings or borrowing rates that quote different compounding conventions. It asks for nominal apr percent, compounds per year and reports apy percent. APY compounds the periodic APR rate for the entered number of periods and subtracts the original principal. Twelve percent nominal APR compounded monthly produces about 12.6825 percent APY. By exposing apy percent, APR to APY Calculator makes this specific arithmetic inspectable instead of presenting an unexplained number.

With the page defaults of Nominal APR percent 12, Compounds per year 12, the verified output is APY percent 12.6825. APR and APY are percentages; the compounding frequency is a count such as twelve for monthly. In APR to APY Calculator, each labeled default remains visible while you edit, so you can change one assumption at a time and trace how apy percent responds.

Method, limits, and private processing

Fees, changing rates, irregular timing, and day-count conventions are not included. APR to APY Calculator evaluates the entered values entirely in your browser, without sending the inputs to a server. When using its apy percent, retain the stated method and input units because this result is bounded by the assumptions of aPY compounds the periodic APR rate for the entered number of periods and subtracts the original principal.