APY Calculator

Convert an Annual Percentage Rate (APR) to the Annual Percentage Yield (APY), which accounts for the effect of compounding. APY lets you compare different accounts on a level playing field.

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How to Use

  1. 1

    Step 1

    Enter the stated Annual Percentage Rate (APR) of your account.

  2. 2

    Step 2

    Select how often interest compounds (daily, monthly, etc.).

  3. 3

    Step 3

    Click Calculate to see the true APY.

Frequently Asked Questions

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