Mathematics
Mathematics, 13.03.2020 03:06, SketchWasTaken

If the APR of a savings account is 4.8% and interest is compounded monthly,
what is the approximate APY of the account?
O A. 1.05%
O B. 10.49%
O C. 4.91%
O D. 4%

answer
Answers: 2

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If the APR of a savings account is 4.8% and interest is compounded monthly,
what is the approx...

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