APR vs. APY: What’s the Difference?
APR vs. APY: What’s the Difference?
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investopedia.com
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APR vs. APY: Do You Know the Difference?
APR vs. APY: Do You Know the Difference?
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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
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💡 APR vs. APY might sound complicated, but it doesn’t have to be! One affects what you pay, the other impacts what you earn — and knowing the difference can save (or make) you money. 💬 Reach out to Minnequa Works to learn more! #APRvsAPY #credituniondifference #minnequaworksforyou #MoneyMadeSimple #FinancialTips #MinnequaWorks #SmartMoneyMoves #CreditUnionLife #LocalDifference | Minnequa Works Credit Union
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