Difference between revisions of "Interest Rate APR/APY Conversion"
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(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") |
(No difference)
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Revision as of 17:31, 31 December 2019
p = periods of compounding. Example: monthly then p = 12
APR = ((APY + 1)**1/p - 1) * p
APY = (1 + APR/p)**p - 1
