Friday, 26 April 2024

Tag : What Is Actual Rate Of Return

14 Oct
5:40

What Is APY?

Updated on Thursday, October 14, 2021 Annual percentage yield (APY) is a percentage that indicates an investment’s actual rate of return — in other words, how much it grows — in a year. The key difference between APY and an interest rate is that APY factors in compound interest. An […]