The Differences Between APR, APY, and Interest Rates
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2.4K views · 22 reactions | APR vs. APY: Know the difference! Annual Percentage Rate (APR) shows the cost of borrowing, including fees, while Annual Percentage Yield (APY) shows the interest earned on savings, including compounding. Both are crucial for making informed financial decisions. To learn more, visit https://bit.ly/3LA4ydC. | KeyBank | Facebook
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16 reactions · 4 comments | What’s the difference between APY and APR? It’s all about interest on interest. Click the link below to get all caught up. | Coast Capital | Facebook
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