We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
Answer:
what do u need help with
Step-by-step explanation:
there's no picture
2 2/3 = 2x3+2/3 = 8/3
8/3 / 1/3 = 8/3 x 3/1 = 8/1 = 8
Answer:
6, just divide
Step-by-step explanation:
Hope this helps!!!! :))