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Cryptocurrency Q&A What does APY mean?

What does APY mean?

SkylitEnchantment SkylitEnchantment Tue Nov 19 2024 | 5 answers 699
I recently encountered the term APY and I'm not sure what it stands for. I've seen it mentioned in the context of finance and banking, possibly related to interest rates or savings accounts. Could someone explain what APY means? What does APY mean?
apy meaning definition

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