<span>The answer is in the thousands group. Its the way they word the problem that complicates it. 913,256 256 being the ones group 913 being the thousands group. So the name of the period with 913, is the thousands group</span>
Annual Percentage Yield of Vinny's savings account is equal to 3.5% same as the Annual Percentage Rate since the interest rate is compounded only once a year. Compounding interest once a year is equal to interest rate per year.
