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2. APY: How To Calculate It (& Find the Best One for You) - AOL

   www.aol.com/apy-calculate-best-one-145700768.html

   APY vs. APR Annual percentage yield (APY) and annual percentage rate (APR) might sound similar, but they play very different roles. APY is about what you earn on savings accounts—it's your gain.

3. What is a high-yield savings account? Definition and what to ...

   www.aol.com/finance/high-yield-savings-account...

   Use Bankrate’s Compound Interest Calculator to see how much you can earn, depending on the APY. Fees: Some banks charge monthly fees on their savings accounts.

4. APR vs. APY: Understand the Difference and Why It Matters - AOL

   www.aol.com/apr-vs-apy-understand-difference...

   Key financial terms like APY and APR can be confusing to interpret, especially when factored into the true cost of borrowing money or the parameters of spending it. Whether you are looking for a...

5. What is the average interest rate for savings accounts? - AOL

   www.aol.com/finance/average-interest-rate...

   The national average savings account yield was 0.61 percent APY, according to Bankrate’s survey of institutions as of July 29. ... interest rates — including a higher APY across all balances ...

6. Annual percentage yield - Wikipedia

   en.wikipedia.org/wiki/Annual_percentage_yield

   This is a reasonable approximation if the compounding is daily. Also, a nominal interest rate and its corresponding APY are very nearly equal when they are small. For example (fixing some large N), a nominal interest rate of 100% would have an APY of approximately 171%, whereas 5% corresponds to 5.12%, and 1% corresponds to 1.005%.

7. How to invest with CDs - AOL

   www.aol.com/finance/invest-cds-081806092.html

   Use Bankrate’s CD calculator to determine what you will earn before ... your CD. For example, let’s say your CD is paying a 3 percent APY. If interest rates drop and the bank doesn’t want to ...