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Business, 10.12.2021 19:10 kkmonsterhigh18

Why does compound interest earn you a higher annual percentage yield (APY) on savings accounts?
O A. Compounding interest earns more by investing your money in
stocks.
B. Compound interest doesn't really earn you more APY.
O C. Compounding means you earn interest on the money that has
already earned interest.
D. Compound interest gives you a yearly rate of return.

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Answers: 2

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Why does compound interest earn you a higher annual percentage yield (APY) on savings accounts?

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