Comments on: Does the effect of compounding outweigh higher rates? http://www.savings-bond-advisor.com/savings-bond-effect-of-compounding/ Mon, 13 Oct 2008 14:32:29 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/savings-bond-effect-of-compounding/#comment-137 Tue, 21 Feb 2006 19:57:34 +0000 http://www.savings-bond-advisor.com/savings-bond-effect-of-compounding/#comment-137 EEEK! You're right - I'm off to fix that now. APR, annual percentage rate, is similar to APY in terms of the math, but it's used when you borrow money rather than when you invest it. EEEK! You're right - I'm off to fix that now.

APR, annual percentage rate, is similar to APY in terms of the math, but it's used when you borrow money rather than when you invest it.

]]> by: Dan http://www.savings-bond-advisor.com/savings-bond-effect-of-compounding/#comment-136 Tue, 21 Feb 2006 18:48:13 +0000 http://www.savings-bond-advisor.com/savings-bond-effect-of-compounding/#comment-136 Tom, good explanation, but I think you typed "APR" in a couple places where you meant "APY" Tom, good explanation, but I think you typed "APR" in a couple places where you meant "APY"

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