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2. Annual percentage yield - Wikipedia

   en.wikipedia.org/wiki/Annual_percentage_yield

   Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain.

3. Want to beat inflation? Understand how APY works to ... - AOL

   www.aol.com/finance/want-beat-inflation...

   The interest rate earned on the balance remains fixed, but the total balance increases 12 times as each batch of earnings is compounded—that is, added to the account—boosting your annual yield.

4. APY vs. Interest Rate: Understand The Differences - AOL

   www.aol.com/finance/apy-vs-interest-rate...

   The terms "APY" and "interest rate" are often used interchangeably when people discuss savings and investments, but there's a very important distinction between the two. While it's important to...

5. Interest rate vs. APY vs. APR: What’s the Difference? - AOL

   www.aol.com/news/interest-rate-vs-apy-vs...

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6. Savings interest rates today: Beat rising inflation with ...

   www.aol.com/finance/savings-interest-rates-today...

   As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY. After increasing the target ...

7. Fixed vs. variable interest rates: How these rate types work ...

   www.aol.com/finance/fixed-vs-variable-interest...

   Fixed vs. variable interest rates: ... The annual percentage yield (APY) on bank accounts is a little less predictable than the annual percentage rate (APR) on a bank's lending products, but the ...