Question

The APR of Vinny’s saving account is 3.5% but interest is compounded only once a year. what is the APY of Vinny’s savings account?
A. Greater than 1% but less than 3.5%
B. 3.5%
C. 1%
D. Greater than 3.5%

Answer 1

                                                         HOI!!

ok 3.5 apr is equivelent to 2.5 so your answer would be A 

hope this helps!!!

:) :) :)

Answer 2

Answer: the answer is 3.5% :)