16 reactions · 4 comments | What’s the difference between APY and APR? It’s all about interest on interest. Click the link below to get all caught up. | Coast Capital | Facebook
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Do you know the difference between APR and APY? 🧐 Let us know if so! It's one of the more common questions we receive from members: what even is the difference? Natalie from SELCO's Digital member Services team is here to break down the difference. #financialtips #debtrepayment #financialeducation #budget #budgettips #apr #apy #financialwellness #newyearsresolution #loans #creditunion #personalfinance #savingmoney | SELCO Community Credit Union
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Do you know the difference between APR and APY? 🧐 Let us know if so! …
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2.4K views · 20 reactions | Confused about APR and APY? We’re here to help. APR, otherwise known as Annual Percentage Rate, shows the yearly cost of a loan, combining interest and fees. On the other hand, APY, otherwise known as Annual Percentage Yield, calculates the yearly earnings from an investment or savings account. Read more about the difference and how it works at https://bit.ly/3LA4ydC. | KeyBank | Facebook
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2.4K views · 20 reactions | Confused about APR and APY? We’re here t…
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