Interest rate converter
APR ↔ EAR for any compounding, including continuous.
Nominal (APR) → effective (EAR)
%
The quoted rate (APR), before compounding.Effective annual rate12.6825%
Effective (EAR) → nominal (APR)
%
The rate actually earned or paid in a year after compounding (EAR or APY).Nominal annual rate7.7706%
About this calculator
Convert a quoted annual percentage rate (APR) to the effective annual rate (EAR) you actually earn or pay, or the other way round, for any number of compounding periods per year, including continuous compounding.
Formula
EAR = (1 + APRm)m − 1; continuous compounding: EAR = eAPR − 1
- Compare loans or savings accounts on EAR, not APR, when compounding differs.
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