1209yjjykk 1209yjjykk

23-11-2021
Mathematics

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Suppose that your saving account earns interest at an APR of 1.8%, compounded daily. Determine the annual percentage yield (APY) of your saving account.

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Jiggetts Jiggetts

23-11-2021

Apr is 1.8% , compound daily
The annual percentage yield of your saving account will be 1.82%

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