About

APY server is the site with special content of financial banking. Here you can get lots of articles about financing management and savings account to choose which make money have better work for you. And the one financial tool you can get is APY.

Annual percentage yield (APY) is a tool for evaluating how much a deposit earns you. Why would you look at an account’s APY? Because it is a standardized way of comparing investments. Your job as a consumer is to put your money where it will get the highest APY.

The APY becomes unique and notable because it takes compounding into account. In very simple terms, compounding means making earnings on your earnings. This means that the quoted APY is telling you how much you’re really making on your money. Other ways of quoting a rate don’t necessarily show you the whole picture.