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3 years ago

If your APR is 2.1% , compound monthly. What is the actual annual percentage yield on this account?

Business

1 answer:

Mashutka [201]3 years ago

7 0

The actual annual percentage yield on this account is

R=(1+0.021÷12)^(12)−1
R=0.0212 × 100
R=2.12%

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Answer:

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4 years ago

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Answer:

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3 years ago

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Answer:

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3 years ago

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Answer:

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