(3/5) APY & APR:
👉 APR: Annual Percentage Rate
👉 APY: Annual Percentage Yield
While APR tells you the interest rate over a period of time, APY includes the compounded interest into the formula.
(3/5)APY
(3/5) APY & APR:
👉 APR: Annual Percentage Rate
👉 APY: Annual Percentage Yield
While APR tells you the interest rate over a period of time, APY includes the compounded interest into the formula.
(3/5)APY