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Effective Annual Yield Rate Calculator

Enter nominal interest rate


             

How does the Effective Annual Yield Rate Calculator work?

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?

  1. Effective time = Interest/Number of Compounding Periods
  2. Decimal Rate = (1 + effective time)n - 1
  3. 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