APYE definition
Examples of APYE in a sentence
If the account has multiple interest rate tiers, this method will produce a single composite APYE figure.
Annual Percentage Yield Earned (APYE): APYE represents the Annual Percentage Yield that was actually earned during the cycle period.
Annual Percentage Yield Earned (APYE) – APYE represents the Annual Percentage Yield that was actually earned during the cycle period.
If the Account has multiple interest rate tiers, this method will produce a single composite APYE figure.
Your periodic statement will give your current status such as Annual Percentage Yield Earned (APYE).
The APY that is disclosed in connection with your account may not be the same as the APYE that appears on the statement for your account .
The two key terms specific to Truth-in-Savings are Annual Percentage Yield (APY) and Annual Percentage Yield Earned (APYE).
APYE is the APY actually earned on an account during a specific period.
Both the APY and the APYE are calculated according to formulas established by federal regulations .
Accuracy: The APY (and the APYE) will be considered accurate if not more than one-twentieth of one percentage point (.05%) above or below the APY (and the APYE).