APY Calculator

Annual Percentage Yield explained. Calculate compound interest and see your savings grow over time.

Deposit Info

Deposit Amount ($)

Rate (%)

Years

Compounding

Effective APY0.00%Nominal Rate: 5%

AD_SLOT: NATIVE

Projected Balance$0.00Profit: +$0.00

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How this APY Calculator works

This calculator converts a nominal interest rate into the Annual Percentage Yield (APY) by accounting for compounding frequency (daily, monthly, quarterly). It reveals the true effective rate you earn.

Why this matters for your wealth

Banks advertise rates differently. APY standardizes the return so you can compare apples to apples. A rate compounded daily earns more than one compounded annually.