Full Form of APY
Full Form: | Annual Percentage Yield |
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Category: | Business & Finance |
Sub Category: | Accounting |
What is APY Full Form?
APY is full form Annual Percentage Yield
What is Annual Percentage Yield?
The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest.
Similar Forms From Other Categories
Full Form of APYE
Full Form: | Annual Percentage Yield Earned |
---|---|
Category: | Business & Finance |
Sub Category: | Accounting |
What is APYE Full Form?
APYE is full form Annual Percentage Yield Earned
What is Annual Percentage Yield Earned?
APY indicates the total amount of interest you earn on a deposit account over one year, assuming you do not add or withdraw funds for the entire year. APY includes your interest rate and the frequency of compounding interest, which is the interest you earn on your principal plus the interest on your earnings.