The general formula to calculate the annual percentage yield APY is expressed using the following mathematical equation. Financial experts might recognize this as the Effective Annual Rate EAR calculation. The APY for a 1.
You can also calculate annual percentage yield as follows.
This is a type of measurement used to come up with an estimation for the potential gain you may obtain from the investment youre planning to take or the final balance youd have on your deposit account. The general formula to calculate the annual percentage yield APY is expressed using the following mathematical equation. APY is calculated by. The calculation of the annual percentage yield is based on the following equation.