This three-letter acronym is a super important concept for upping your money management game: APY. It stands for annual percentage yield, and grasping why it matters and how it grows your wealth is ...

APY represents the real return on deposit accounts and other interest‑bearing products. Here’s how it works and why it’s ...

APY stands for Annual Percentage Yield — which is an estimate of how much interest your savings will earn in a year. Unlike a simple interest rate, APY factors in compound interest, which is when you ...

Kailey Hagen has been writing about small businesses and finance for almost 10 years. Articles she's written for The Motley Fool have been syndicated to USA Today, MSN, and Yahoo! Finance. She ...

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