Question

For questions 1-10, fill in the blanks with the letter of the term that best matches the description.
A. Fixed costs, B. APR, C. Savings, D. Budget, E. Income Potential, F. APY, G. Refinancing, H. Withdraw, I. Cash reserves, and J. Cost of living.
1. Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance.
2. Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year, taking compounding into account, expressed as a percentage.
Need help ASAP. Will give out a medal

Answer 1

1. APR
2. APY

Answer 2

yes