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Annual Percentage Rate Calculator - APY To APR Converter

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% (Annual Interest Yield)
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Concepts

Interest Rate Converter
Annual Percentage Rate (APR) is the rate a bank offers on deposits and loans. However based on the compounding interest frequency (i.e. annually, half-yearly, quarterly, monthly, daily and continuously), the effective rate varies. This effective rate is known as Annual Percentage Yield (APY). Both APR and APY are calculated with varying compounding frequencies based on nominal interest rate. Annual Percentage Yield (APY) or APR to APY Calculator converts annual percentage rate to effective annual percentage yield (APY). Annual Percentage Rate (APR) or APY to APR Calculator converts annual percentage yield (APY) to effective annual percentage rate (APR).

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