Annual percentage yield
Financial term
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📌 Topics
- Personal Finance (2)
- Banking (2)
- Economics (2)
🏷️ Keywords
money market account (2) · interest rates 2026 (2) · APY (2) · Federal Reserve (2) · financial planning (2) · savings strategy (1) · passive income (1) · savings strategies (1) · banking trends (1)
📖 Key Information
Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain.
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🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Annual percentage yield:
- 🏢 Federal Reserve (2 shared articles)