Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

Annual Percentage Rate (APR) and Annual Percentage Yield (APY) are commonly used terms in the world of personal finance. Both are expressed as annual rates, with APR typically measuring the costs of ...

What is APR in general? According to the Consumer Financial Protection Bureau (CFPB), the APR or annual percentage rate is the amount paid to borrow money. It’s also known as a credit card interest ...

APR and APY may sound the same, but they are not created equal Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She ...

When you invest in a product, you expect a return above and beyond what you paid for that product. This is APY. What is APY? It stands for annual percentage yield, and it represents the rate of return ...