Keyword Analysis & Research: apy

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Is APY good or bad?

With APY, a higher yield is better, but with APR, it’s the opposite. The higher the APR on a loan or line of credit, the more interest you’ll pay. And the APR you pay to borrow money is typically...

What is APY stand for?

APY stands for annual percentage yield. It can also be referred to as EAR, or effective annual rate. APY/EAR typically applies to money you place in a deposit account, like a Savings account. Money market account. Certificate of deposit (CD). APY can show you the amount of interest your investment could earn in a year.

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