learn.howToCalculate
learn.whatIsHeading
APR (annual percentage rate) and APY (annual percentage yield) differ because APY accounts for compounding. APY is always higher and shows the true return on savings or cost of credit.
Формула
APY = (1 + APR/n)ⁿ - 1, where n is compounding frequency per year
Пошаговое руководство
- 1Enter APR as a decimal
- 2Select compounding frequency (daily, monthly, quarterly, annual)
- 3Calculate APY using the formula
Решённые примеры
Ввод
APR = 5%, daily compounding
Результат
APY ≈ 5.127%
(1 + 0.05/365)³⁶⁵ - 1
Распространённые ошибки
- ✕Treating APR and APY as equivalent
- ✕Wrong compounding frequency
Готовы посчитать? Попробуйте бесплатный калькулятор APR to APY Converter
Попробуйте сами →