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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. What Is APY: How APY Works and How It's Different From APR - AOL

   www.aol.com/finance/apy-apy-works-different-apr...

   APY — which stands for annual percentage yield — is the percentage of your money that you can earn back in interest when you deposit it at a financial institution. Unlike APR, which shows how ...

4. Understanding How APR, APY and Interest Rates Work and ... - AOL

   www.aol.com/finance/understanding-apr-apy...

   You know APR and APY as the three-letter acronyms hiding in tiny font at the bottom of a credit card application or investment prospectus. But no matter how small the print, it's unlikely that you ...

5. 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...

6. Annual percentage rate - Wikipedia

   en.wikipedia.org/wiki/Annual_percentage_rate

   The term annual percentage rate of charge (APR), [1] [2] corresponding sometimes to a nominal APR and sometimes to an effective APR (EAPR), [3] is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, [4] etc. It is a finance charge expressed as an annual rate.

7. APR vs. APY: Understand the Difference and Why It Matters - AOL

   www.aol.com/apr-vs-apy-understand-difference...

   Key financial terms like APY and APR can be confusing to interpret, especially when factored into the true cost of borrowing money or the parameters of spending it. Whether you are looking for a...