APR Calculator
Result
APR Calculator The APR Calculator converts a periodic interest rate into an annual percentage rate by multiplying it by the number of periods in a year. The formula used is: APR = Periodic Rate × Periods per Year. — free online calculator.
Formula
- APR Calculator calculates its result from Periodic Rate %, Periods per Year. It uses the formula APR = Periodic Rate × Periods per Year. Change any input to recalculate the result instantly.
- The main inputs are Periodic Rate %, Periods per Year. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: APR
- Periodic Rate %: 1
- Periods per Year: 12
Using Periodic Rate % = 1, Periods per Year = 12, the calculated result is 12.
Sample result: Calculating…
Frequently asked questions
What does the APR calculate?
APR Calculator The APR Calculator converts a periodic interest rate into an annual percentage rate by multiplying it by the number of periods in a year. The formula used is: APR = Periodic Rate × Periods per Year. — free online calculator.
Which values should I enter?
Enter Periodic Rate %, Periods per Year using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: APR = Periodic Rate × Periods per Year.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.