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Which of the following refers to the way that interest added to an account earns interest itself? APY compound interest APR annuity

Which of the following refers to the way that interest added to an account earns interest itself? APY compound interest APR annuity
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Which of the following refers to the way that interest added to an account earns

interest itself?
APY
compound interest
APR
annuity

User Rubiktubik
by
8.5k points

1 Answer

1 vote

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

User Midhunhk
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8.7k points
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