most recent 30 from http://www.thedailysaver.com 2010-08-01T06:49:50Z http://www.thedailysaver.com/feeds/user/3 http://www.creativecommons.org/licenses/by-nc/2.5/rdf http://www.thedailysaver.com/questions/1/what-is-the-difference-between-apr-and-apy Bob 2010-01-07T05:42:12Z 2010-01-08T04:23:38Z

<p>As I'm looking into loans, I see some rates quoted in terms of APR and others quoted in terms of APY. What is the difference and what do they mean?</p>