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APR vs. APY – Difference Between Annual Percentage Yield & Rate

Debt & Credit Cards

APR vs. APY – Difference Between Annual Percentage Yield & Rate


The difference between APR and APY is one of the basic considerations that you need to know for handling your own finances. What is the difference between APR and APY? Read on to learn about these two rates, how each is calculated, and how you can use them in your purchasing and investing decisions.

APR vs. APY – Difference Between Annual Percentage Yield & Rate is a post from Money Crashers.

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