CD Calculator APY
APY Formula
APY = (1 + r/n)(n*t) - 1
Where:
r = Annual interest rate (decimal)
n = Number of compounding periods per year
t = Time in years
APY = (1 + r/n)(n*t) - 1
Where:
r = Annual interest rate (decimal)
n = Number of compounding periods per year
t = Time in years