Mathematics, 06.05.2020 20:15, mucciak3634

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%

Answers: 1

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

what is the...