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3 years ago

15

The APR of Estelle's savings account is 4.5% but interest is compounded only once a year. what is the APY of Israel's savings ac

count?

2 answers:

Tems11 [23]3 years ago

8 0

4.5% is the answer to yo problem ..

spayn [35]3 years ago

6 0

It would be 4.5 since it's compounded yearly

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This question is in other words, asking you to simplify the fraction.

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Pavlova-9 [17]

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