Mathematics, 13.10.2020 21:01 hannabeth91
Find the annual percentage yield (APY) in the following situation,
A bank offers an APR of 3.88% compounded monthly.
The annual percentage yield is %.
(Do not round until the final answer. Then round to two decimal places as needed.)
What’s the answer?
Answers: 2
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Find the annual percentage yield (APY) in the following situation,
A bank offers an APR of 3.88% co...
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