Mathematics, 24.09.2021 01:00 StephenCurry34
Why does compound interest earn you a higher annual percentage yield (APY) on savings accounts?
A. Compounding interest earns more by investing your money in stocks
B. Compound interest gives you a yearly rate of return.
C. Compound interest doesn't really earn you more APY.
D. Compounding means you earn interest on the money that has already earned interest.
Answers: 1
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Why does compound interest earn you a higher annual percentage yield (APY) on savings accounts?
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