💡 APR vs. APY might sound complicated, but it doesn’t have to be! One affects what you pay, the other impacts what you earn — and knowing the difference can save (or make) you money. 💬 Reach out to Minnequa Works to learn more! #APRvsAPY #credituniondifference #minnequaworksforyou #MoneyMadeSimple #FinancialTips #MinnequaWorks #SmartMoneyMoves #CreditUnionLife #LocalDifference | Minnequa Works Credit Union
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16 reactions · 5 comments | What’s the difference between APY and APR? It’s all about interest on interest. Click the link below to get all caught up. | Coast Capital | Facebook
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APR vs. APY: Know the difference! Annual Percentage Rate (APR) shows the cost of borrowing, including fees, while Annual Percentage Yield (APY) shows the interest earned on savings, including compounding. Both are crucial for making informed financial decisions. To learn more, visit https://bit.ly/3LA4ydC. | KeyBank
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