Understanding Savings Rates: APR vs. APY Explained 💰
Learn how to effectively compare savings accounts by understanding the key differences between APR and APY with expert insights from AAA’s Bill Gerhard.
About this video
Bill Gerhard, AAA’s director of Financial Services, explains how to compare savings rates and the difference between APR and APY.
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17
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Duration
2:04
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Published
Apr 2, 2012
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