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Cryptocurrency Q&A What is 5% APY on $1000 monthly?

What is 5% APY on $1000 monthly?

JejuSunshineSoulMateWarmth JejuSunshineSoulMateWarmth Mon Nov 18 2024 | 5 answers 1256
I want to understand how much money I would earn if I invested $1000 every month at a 5% annual percentage yield. I'm curious about the monthly returns on this amount. What is 5% APY on $1000 monthly?
5% apy $1000 monthly

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