APY Calculator

Principal
Interest Rate
%
Compounding
Term
Annual Percentage Yield (APY)
{{ result.apy }}
Total Interest
{{ result.totalInterest }}
Future Value
{{ result.futureValue }}

Annual Percentage Yield (APY) is the effective annual rate, or real rate, of return of an investment if the interest earned each period is compounded. Annual Percentage Yield (APY) considers the effects of compounding, since advertised rates are typically the rates of return for simple interest.

The Annual Percentage Yield (APY) is the interest rate earned on an investment in one year, including compounding interest. A higher APY is better as your return will be higher. You can compare APYs at different financial institutions to ensure you're opening an account with the highest possible return.

  • APY is the actual rate of return that will be earned in one year if the interest is compounded.

  • The more often interest is compounded, the higher the APY will be.

  • APY has a similar concept as Annual Percentage Rate (APR), but APR is used for loans.

  • The APY on checking, savings, or certificate of deposit holdings will vary across products and may have a variable or fixed rate.

Calculation of Annual Percentage Yield (APY)

APY standardizes the rate of return. It does this by stating the real percentage of growth that will be earned in compound interest assuming that the money is deposited for one year. The formula for calculating APY is:

APY=(1+)1where:=Nominal rate=Number of compounding periods

Annual Percentage Yield (APY) Calculator, it is a tool that enables you to calculate the actual interest earned on an investment over your term.

Featured Tools

Featured tools that you might find useful.

Popular Tools

List of popular tools that users love and frequently use.

New Tools

The latest tools added to our collection, designed for you.

Topics

The tools grouped by topics to quickly find what you need.
Margin Calculator using the margin formula ((R - C) / R) × 100 to help you quickly calculate both margin and markup percentages based on cost and sale price.

Margin Calculator

Margin Calculator using the margin formula ((R - C) / R) × 100 to help you quickly calculate both margin and markup percentages based on cost and sale price.
IBAN Validator & Parser is an online tool for validating and parsing IBAN, BBAN, and BIC/SWIFT numbers. It checks if an IBAN is valid and provides information such as the country, BBAN, whether it is a QR-IBAN, and the IBAN in a user-friendly format.

IBAN Validator & Parser

IBAN Validator & Parser is an online tool for validating and parsing IBAN, BBAN, and BIC/SWIFT numbers. It checks if an IBAN is valid and provides information such as the country, BBAN, whether it is a QR-IBAN, and the IBAN in a user-friendly format.