Interest Rate APR/APY Conversion

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Revision as of 17:31, 31 December 2019 by Dlk (talk | contribs) (Created page with "p = periods of compounding. Example: monthly then p = 12 APR = ((APY + 1)**1/p - 1) * p APY = (1 + APR/p)**p - 1")
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p = periods of compounding. Example: monthly then p = 12

APR = ((APY + 1)**1/p - 1) * p

APY = (1 + APR/p)**p - 1

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