Mathematics, 07.09.2020 23:01 gianna78

A bank advertises an interest rate of 4% per year, compounded monthly Page 7
What is the APY?
The units are percent, but do not enter the % sign. Round 2 decimal places,
Note: if your answer is 5.24%, then enter only 5.24

Answers: 1

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A bank advertises an interest rate of 4% per year, compounded monthly Page 7
What is the APY?...

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A bank advertises an interest rate of 4% per year, compounded monthly Page 7 What is the APY? The units are percent, but do not enter the % sign. Round 2 decimal places, Note: if your answer is 5.24%, then enter only 5.24

Answers

Another question on Mathematics

A bank advertises an interest rate of 4% per year, compounded monthly Page 7
What is the APY?
The units are percent, but do not enter the % sign. Round 2 decimal places,
Note: if your answer is 5.24%, then enter only 5.24