By interpolation, the
annual percentage yield works out as 8% + [2% x (6.14/{6.14 + 3.06})] = 9.33% a year.
Creuzot recommends the no-fee ING Direct Orange Savings Account, which offers a variable 1.8%
annual percentage yield.
WizKids, which bears a 2 percent
annual percentage yield, is for customers between the ages of 5 and 17.
H.R.447 requires a disclosure of the "effective percentage yield" for accounts with maturities of less than one year, besides the
annual percentage yield (APY) that must be disclosed for all accounts.
NexBank SSB has announced that in a study of FDIC-insured 529 college savings plans, its College Savings Bank division ranked first in the nation, based on
annual percentage yield (APY) net of fees for certificates of deposit (3-year maturity), the company said.
Online service Bankrate.com said its survey of 100 leading commercial banks, savings and loan associations and savings banks in the nation's 10 largest markets showed the
annual percentage yield available on money market accounts was unchanged from the week before at 0.11 per cent.
On the deposit side, just the mention of "APY" means the words "
annual percentage yield" must be included, and that's 23 characters right there.