Answer:
3.95%
Step-by-step explanation:
An interest-bearing account paying a stated nominal or annual interest rate of 3.880% compounded monthly, would translate to an Annual Percentage Yield (APY) or Effective Annual Rate (EAR) of 3.95%. This means that $100.00 will grow to $103.95 ($103.95 rounded) after one year.
The answer is 1.067. Hope it's not too late.
Answer:
second
Step-by-step explanation:
Δ=3²-4*1*4=9-16=-7
He paid $4680. 65 percent of 7200 is 4680. Hope this helps