This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Interest in Wyoming

In Wyoming, the legal rate of interest on a money judgment is set at 10% per year by statute. This rate is established under Wyo. Stat. § 1-16-102 and applies to judgments entered by a Wyoming court. The interest accrues from the date the judgment is entered until it is fully paid. The calculation is straightforward: the judgment amount is multiplied by the statutory rate, with interest compounded annually unless the judgment specifies otherwise. The worked example below demonstrates how this rate applies to a typical judgment. For a precise estimate of interest owed on a specific judgment amount and time period, use the DocketMath calculator to compute the exact figure.

Interest calculation example

For a Wyoming this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Wyo. Stat. § 1-16-102; § 40-14-106 (https://wyoleg.gov/statutes/compress/title01.pdf).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a Wyoming this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Wyo. Stat. § 1-16-102; § 40-14-106 (https://wyoleg.gov/statutes/compress/title01.pdf).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Estimate your own result: every situation has exceptions that can change the outcome. Use the interest calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.