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dlinn [17]
4 years ago
8

Of the APR of a savings account is 7.8% and interest in compounded monthly, what is the approximate APY of the account?

Mathematics
2 answers:
xxTIMURxx [149]4 years ago
8 0
APY=(1+r/k)^(k)-1

APY=(1+0.078÷12)^(12)−1
=0.0808×100
=8.08%
andre [41]4 years ago
4 0

Answer:

8.08%

Step-by-step explanation:

a.p.e.x

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The set of ordered pairs is:

{(-2, 2), (-1, 0), (0, 2), (1, 4), (2, 6)}

<h3>How to complete the set of ordered pairs?</h3>

Here we have the relation:

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The set of ordered pairs is:

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If you want to learn more about ordered pairs:

brainly.com/question/1528681

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