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Questions tagged [100% apy]

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SamsungShiningStar SamsungShiningStar Mon Nov 18 2024 | 5 answers 1161

What does 100% APY mean?

I'm trying to understand the concept of APY, specifically what it means when something offers a 100% APY. I want to know how this percentage affects my investments and what kind of returns I can expect with such a rate.

What does 100% APY mean?

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