Choose the frequency that matches how the money really arrives or leaves. The calculator converts recurring amounts into comparable daily, weekly, monthly and yearly totals.
- Weekly uses 52 payments a year.
- Fortnightly uses 26 payments a year.
- Monthly uses 12 payments a year.
- Quarterly uses four payments a year.
- 6 Monthly uses two payments a year.
- Yearly uses one payment a year.
This is why a weekly amount multiplied by four will not exactly match its monthly result. A year has slightly more than 52 weeks across 12 months.
Tip: Enter the real frequency rather than converting it yourself.