What is APR?

APR stands for Annual Percentage Rate. It represents the annual interest rate on a loan or investment, without considering the effect of compounding. APR includes fees and additional costs associated with the transaction, providing a more comprehensive measure of the total cost of borrowing. Understanding APR is crucial for making informed financial decisions, whether you're taking out a loan, evaluating investment opportunities, or navigating the world of DeFi.
What is APR?
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What is APY?
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APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.

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What is APY?
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