Cryptocurrency Q&A What is 3.5% APY on $1000?

What is 3.5% APY on $1000?

Valeria Valeria Wed Nov 20 2024 | 5 answers 1167
I have $1000 and I want to know how much interest I would earn if the annual percentage yield is 3.5%. What does 3.5% APY mean in terms of actual dollars earned on my $1000? What is 3.5% APY on $1000?

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