Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

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’ll ...

The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning bank account. Both are expressed as percentages, but an account' ...

APY, or Annual Percentage Yield, is an important term to understand if you want to maximize your money’s growth potential. It measures the interest earned on a financial product or account over one ...

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Text Callout : Key Takeaways - APY vs. Interest Rate: What's the Difference? The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning ...