20% APY to APR
20% APY equals 18.3714% APR with monthly compounding, or 18.2367% APR with daily compounding.
Quick Answer: What Is 20% APY in APR?
Monthly Compounding
18.3714%
APR
Daily Compounding
18.2367%
APR
Convert a Different Rate
Not exactly 20%? Adjust the calculator below to convert any APY to APR.
20% APY to APR for All Compounding Frequencies
| Compounding Frequency | APY | APR |
|---|---|---|
| Annually | 20% | 20.0000% |
| Semi-annually | 20% | 19.0890% |
| Quarterly | 20% | 18.6541% |
| Monthly | 20% | 18.3714% |
| Semi-monthly | 20% | 18.3016% |
| Bi-weekly | 20% | 18.2962% |
| Weekly | 20% | 18.2642% |
| Daily | 20% | 18.2367% |
| Continuous | 20% | 18.2322% |
How to Convert 20% APY to APR
APY (Annual Percentage Yield) includes the effect of compounding, while APR (Annual Percentage Rate) does not. To find the APR from an advertised APY, you need to reverse the compounding calculation.
APR = n × ((1 + APY)1/n - 1)
Where n = number of compounding periods per year
For example, with monthly compounding (n=12): APR = 12 × ((1 + 0.2000)1/12 - 1) = 18.3714%.
This is useful when comparing savings accounts or CDs that advertise APY. The underlying APR of 18.3714% tells you the nominal rate before compounding is applied.