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.

Whether you’re signing up for a credit card, opening a new bank account or looking for a loan, it’s important to understand the three letters that will appear next to your interest rate. APR means ...

You know APR and APY as the three-letter acronyms hiding in tiny font at the bottom of a credit card application or investment prospectus. But no matter how small the print, it’s unlikely that you’ll ...

You may notice if you’re shopping for a savings account that banks advertise both an interest rate and an annual percentage rate, or APY. While an account’s interest rate can give you a basic idea of ...

Read this tip to learn more about your APY or APR. Feb. 16, 2011 — -- Do you find your mortgage rates, insurance and fees confusing? Check out the tips below. APR simply reflects the annual ...