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Difference Between APR vs. APY

APR and APY are two very different terms used in interest calculations. It is very easy to get confused even…

Archieve: Mathematical

Jan 8, 2016
Tags: Annual percentage rate, Annual percentage yield, bank, Compound interest, Credit card, Effective interest, finance, Interest rates, Loan, Mathematical, Personal finance, Point, rate Interest
Posted in: Investment, Personal Finance

Difference Between APR vs. APY


APR and APY are two very different terms used in interest calculations. It is very easy to get confused even…

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