Enter nominal interest rate


             
How does the Effective Annual Yield Rate Calculator work?
Free Effective Annual Yield Rate Calculator - Figures out the effective annual yield rate of interest entered by compounding daily, weekly, semi-monthly, monthly, quarterly, semi-annually, and continuously.
This calculator has 1 input.

What 3 formulas are used for the Effective Annual Yield Rate Calculator?

Effective time = Interest/Number of Compounding Periods
Decimal Rate = (1 + effective time)n - 1
Percentage Rate = 100% * Decimal Rate

For more math formulas, check out our Formula Dossier
What 4 concepts are covered in the Effective Annual Yield Rate Calculator?
compound interest
the interest you earn on principal and interest
A = (1 + r/n)nt
effective annual yield rate
Yield rate taking compounding periods into effect
interest
payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate
yield
How much an investment returns in terms of interest rate
Example calculations for the Effective Annual Yield Rate Calculator
  1. 4.56% daily
  2. 5.67 percent quarterly
  3. 2.45 pct compounded monthly



Effective Annual Yield Rate Calculator Video






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