Given :
Interest rate , r = 4 %.
To Find :
The APY .
Solution :
APY is given by :
Here , r is compound interest and n is number of time compounded .
So ,
Therefore , APY is 30.57 % .
Hence , this is the required solution .
By 8:00 a.M,, the snack bar had made 3,256 in sales. By noon the snack bar total sales were 8,821 About how much money did snack
1 answer:
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