Beginning in 1999 January, the bright, strongly variable narrow-line Seyfer
t 1 (NLS1) galaxy Akn 564 has been observed by RXTE once every similar to4.
3 days. It was also monitored every similar to 3.2 hr throughout 2000 July.
These evenly sampled observations have allowed the first quantitative comp
arison of long- and short-timescale X-ray variability in an NLS1 galaxy and
the derivation of an X-ray power density spectrum (PDS). The variability a
mplitude in the short-timescale light curve is very similar to that in the
long- timescale light curve, in marked contrast to the stronger variability
on longer timescales, which is characteristic of "normal" broad-line Seyfe
rt 1 (BLS1) galaxies. Furthermore, the Akn 564 PDS power law cuts off at a
frequency of 8.7 x 10(-7) Hz, corresponding to a timescale of similar to 13
days, significantly shorter than that seen in the PDS of NGC 3516, a BLS1
galaxy of comparable luminosity. This result is consistent with NLS1 galaxi
es showing faster (as opposed to larger amplitude) variations than BLS1 gal
axies, providing further evidence that NLS1 galaxies harbor lower mass blac
k holes than BLS1 galaxies of similar luminosity, accreting at a correspond
ingly higher relative rate.