APY Calculator (Annual Percentage Yield)

ByAdmin

APY Calculator

Find out the true Annual Percentage Yield of your investment.

%
Annual Percentage Yield (APY)

0.00%

Your money effectively grows at this rate every year.

What is APY (Annual Percentage Yield)?

The Annual Percentage Yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest. Unlike simple interest, compounding interest is calculated periodically and the amount is immediately added to the balance.

Banks often advertise a stated or nominal interest rate. However, if the interest is compounded daily or monthly, your actual yield (APY) will be higher than the stated rate. This tool helps you find that exact true rate.

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