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What is APY?

In Banking - Cds - Asked by Admin - 8 months ago

The APY or annual percentage yield is the actual rate of interest you earn when factoring in compounded interest.

Answered by Admin - 8 months ago


Tags: banking, banks, cd, banking cd, apy, what is apy?

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In Credit Cards - Types of Cards - Asked by Admin - 13 months ago

If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is apy?" Zuuply.com can answer them or you can browse our archives.



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