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Comparing the annual percentage yield for each account provides a ready answer.
Annual percentage yield received if your investment is compounded daily.
They are all paying a 2.02 percent annual percentage yield as of Nov.
Many of these accounts exceed the national average in terms of annual percentage yield.
Bankrate.com said the annual percentage yield on six-month certificates of deposit remained at 0.30 percent.
Many people, he said, had trouble calculating a penalty of 90 days worth of interest from an annual percentage yield.
The Orange Savings Account offers 4.00% annual percentage yield.
Last fall the committee unanimously passed legislation that retains the requirement that banks uniformly advertise an annual percentage yield.
If you meet the membership criteria, you can join and avail yourself of a three-month C.D. with a 0.9 percent annual percentage yield.
The Reston company said its FDIC-insured savings account offers a 1.35 percent annual percentage yield.
Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year.
Annual percentage yield or effective annual yield is the analogous concept used for savings or investment products, such as a certificate of deposit.
Bankrate.com looked at 57 high-yield accounts at banks and credit unions in the United States and found that the average annual percentage yield is 2.05 percent.
The bond equivalent yield or BEY for an investment is a calculated annual percentage yield for an investment, which may not pay out yearly.
The annualized return (annual percentage yield, compound interest) is higher than for simple interest, because the interest is reinvested as capital and then itself earns interest.
Annual percentage yields, in percent, on money market accounts, three-month certificates of deposit and six-month C.D.'s expected at selected institutions on Wednesday, April 21, 2004.
Other terms such as annual percentage rate and annual percentage yield may have specific legal definitions and may or may not be comparable, depending on the jurisdiction.
Annual Percentage Yield Q. I've seen some banks advertise annual percentage yield?
However, when dealing with deposit accounts, the annual percentage yield (APY) or annual equivalent rate (AER) is quoted to consumers for comparison purposes.
The national average annual percentage yield, or APY, for savings accounts is 0.11 percent, according to Bankrate.com data, but some online banks offer rates nearly 10 times higher than the average.
(MoneyWatch) If your cash is sitting in the bank earning a whopping 0.01 percent annual percentage yield (APY), now is the time to get it working harder for you.
The law requires banks to provide consumers with a simple yardstick called the "annual percentage yield," which takes account of both the interest rate and the formula the bank uses to compute interest payments.
Ouachita Independent Bank in Monroe, La., for example, offers a 3.01 percent annual percentage yield - but the account is available only to residents of Louisiana, Texas, Arkansas and Mississippi.
The average annual percentage yield for a three-year C.D., for instance, was just 0.7 percent, but the average bonus yield for the same term was nearly double that, at 1.38 percent.
Since your last quarterly statement, your money has earned .09 percent in interest, with an annual percentage yield of 1.00 percent, beating the stuffing out of all the major stock indices during the period.