What you provide
What you provide
- Nominal annual rate: Quoted annual deposit rate before compounding.
- Compounding periods per year: For example 12 monthly or 365 daily.
- Illustration balance: Deposit balance used for the one-year amount illustration.
SAVINGS / COMPOUNDING YIELD
Annual Percentage Yield Calculator
Convert a nominal savings rate and compounding frequency into APY and illustrate one-year interest and ending balance for an entered deposit.
- 01 Calculated in this tab
- 02 Values stay in this browser tab
- 03 Use boundary
Use boundary
Calculation path
The periodic nominal rate compounds for the selected number of periods to produce APY, then APY is applied to the illustration balance for one year.
Calculation path
APY = (1 + nominal rate / compounding periods)^periods - 1.
What you receive
What you receive
- Annual percentage yield
- One-year interest illustration
- One-year ending balance
Use boundary
Choose the maximum decimal places shown. This does not increase source accuracy.
Real yield can change with variable rates, account tiers, fees, taxes, withdrawals, timing, and minimum-balance rules.
This is an educational planning estimate. Confirm lender, issuer, tax, accounting, and contractual rules with the relevant provider or qualified adviser before acting.