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APR ↔ APY Converter

Convert between APR and APY for any compounding frequency.

Result

APR

5.0000%

APY

5.1162%

Effective difference

0.1162%

About this tool

Enter the rate, compounding frequency (daily / monthly / quarterly / annually), and pick APR or APY as the input. Get the other value plus the effective rate. A clean answer to r/personalfinance, r/finance, and r/StudentLoans 'what's the difference between APR and APY'.

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