It’s an easier calculation when you use APY. However, if you don’t know ... but you should also take any fees into account. For example, Citi’s Accelerate savings account offers a 3.8% ...
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Want to beat inflation? Understand how APY works to grow your wealthGiven the APY calculation, you’d have $3,060.55 at ... of prices will erode your wealth and purchasing power. “For example, if inflation is 3% per year and your savings account yields 2% ...
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