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Calculate APY (Annual Percentage Yield)

calculate_apy #

Using CalculateAPY class to calculate APY (Annual Percentage Yield) #

Annual percentage yield is a normalized representation of an interest rate, #

based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. #

We have 2 ways to calculate APY #

The first with Compound. You can use these below methods #

1. CalculateAPY.calculateAPYInDaysWithCompound(double moneySaving, double interestRate, int dayNumber) #

You can calculate APY in DAYs with Compound by this function. #

moneySaving is the origin money you deposit #

interestRate as the APY #

dayNumber is the number of day you will deposit #

E.g. You will deposit 2000$ in 14 days with 10% interest APY #

moneySaving = 2000$ #

interestRate = 10% #

dayNumber = 14 #

2. CalculateAPY.calculateAPYInMonthWithCompound(double moneySaving, double interestRate, int monthNumber) #

Like the 1 function you can calculate APY in MONTHs with Compound by this function. #

And the other without Compound. You can use these below methods #

3. CalculateAPY.calculateAPYPerYear(double moneySaving, double interestRate) #

Like the 1 function you can calculate APY per YEAR without Compound by this function. #

4. CalculateAPY.calculateAPYPerMonth(double moneySaving, double interestRate) #

Like the 1 function you can calculate APY per MONTH without Compound by this function. #

5. CalculateAPY.calculateAPYPerDay(double moneySaving, double interestRate) #

Like the 1 function you can calculate APY per DAY without Compound by this function. #

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Calculate APY (Annual Percentage Yield)

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