Apr Vs Apy: Unlock the Hidden Secrets for Financial Growth
![Apr Vs Apy](https://cointalkhq.com/wp-content/uploads/2023/09/apr-vs-apy.jpg)
APR stands for Annual Percentage Rate, while APY stands for Annual Percentage Yield. APR represents the cost of borrowing and takes into account the interest rate and additional fees, while APY factors in compound interest. Understanding the difference between APR…