If the APR of a savings account is 4.8% and interest is compounded monthly,
what is the...
Mathematics, 06.05.2020 20:15 mucciak3634
If the APR of a savings account is 4.8% and interest is compounded monthly,
what is the approximate APY of the account?
O A. 1.05%
O B. 10.49%
O C. 4.91%
O D. 4%
Answers: 1
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