What Is APY in Savings Account

APR VS APY: How Knowing The Difference Will Save You Thousands Of Dollars

Unless you like getting screwed up the butt by credit card companies and hedge funds, you should probably know what the difference between APR and APY is. So let’s talk about it, APR stands for Annual Percentage Rate, while APY stands for annual percentage yield, and they both have to do with how much you owe or make when you borrow or invest ...

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