APR vs. APY: What’s the difference?
29 September 2022 - 10:05AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy80ZGQ3Njg0YjVjZTFiYjRmMTEzYjgxZTdlYzNlNzNjYi5qcGVn.jpeg)
The key difference between APY and APR is compound interest.
Before investing, compare their potential returns.
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