APY stands for Annual Percentage Yield. It refers to how much interest you would earn in a 360-day standardised year. The current percentage is up to 7.00%. This means that when you invest € 1000 at the beginning of July 2021 and keep it there until the end of June 2022 you'll have € 1070 in your Growth Pocket.
Should you have any further questions about the topic, please do not hesitate to contact our support team through the app or send us an email at support@changeinvest.com
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