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ale4655 [162]
2 years ago
15

If Apr of a savings account is 2.7% and interest is compounded quarterly, what is the approximate APY of the account

Business
1 answer:
solniwko [45]2 years ago
8 0

Answer:

0.0273 = 2.7%

Explanation:

APY = (1 + r/m)^m - 1

       = (1 + 0.027/4)^4   -  1

       = 0.0273 = 2.73%

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An alternative plot for Amila to use is to use a graph to depict the data.

<h3>How to illustrate the information?</h3>

From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.

Therefore, a graph can be used to better illustrate the information.

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Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.

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2 years ago
A service is any intangible offering that involves a deed, performance, or effort that:
Artyom0805 [142]

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(A)cannot be physically possessed

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3 0
3 years ago
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