APR → APY Conversion
Enter the nominal rate and compounding frequency.
Effective APY
0%
APR: 0%
Effective rate
0%
Difference
0%
Interest on $10,000
$0
Extra earnings vs simple
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Nominal APR (%) | 6% |
| Compounding frequency | Monthly |
| Result | Value |
|---|---|
| Effective APY | 6.1678% |
| Effective rate | 6.1678% |
| Difference | +0.1678% |
| Interest on $10,000 | $616.78 |
| Extra earnings vs simple | +$16.78 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the APR → APY Conversion
- Nominal APR (%) — default 6%
- Compounding frequency — default Monthly
- Press Calculate to update the results instantly.