So if you wanted to put $3,000—with no additional deposits—into a high-yield savings account earning 2% that compounds monthly (12 periods within a year), the APY formula would look like this.

Here is the formula for compound interest ... Interest in savings accounts Average savings rates offer 0.41% APY, and average CD rates pay 0.25% to 1.78% APY, according to the FDIC.

After losing four key free agents in 2025, the Eagles are projected to receive three compensatory picks in the 2026 NFL Draft ...