Question: Why is it important to consider APY, especially if you have borrowed a large sum of money or if you have a higher interest rate?

Why is it important to consider APY, especially if you have borrowed a large sum of money or if you have a higher interest rate? Give examples to support your argument.

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Why is it important to consider APY, especially. If you have borrowed a large sum of money or if you have a higher interest rate? Give examples to support your argument.

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