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"The APY incorporates interest acquired on interest when the APR makes use of the simple interest technique," Lonie says. "Generally, APY is useful for deposit-style accounts and APR for financial loans or credit playing cards." The assumption amid monetary policy wonks is that the unspoken preference of progressives was https://financefeeds.com/mogo-and-postmedia-announce-financial-news-channel-in-copyright/
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