The Psychology of APR and APY
Nov 3 · 6 min read

Up until a little while ago I was like many people that didn’t know the difference between APY and APR. In fact, I didn’t even know there was a difference. I kind of always assumed it was the same thing, just two different names for it, or even if it was different it simply wouldn’t affect me. I have learned that many times it is the things we know little of that have the greatest impact in our lives. So, I would like to share what I’ve…


