APR vs APY Calculator
Convert between quoted APR and true APY.
Convert APR to APY (and back) at a given compounding frequency.
What you enter
- APR
- Compounds per year
Worked example
With the default inputs:
- APR: 6%
- Compounds per year: 12
| Effective APY | 6.17% |
|---|---|
| Difference | 0.17% |