Mathematics, 12.02.2021 23:30, rhonditah
Mathew deposits $8,000 in a savings account at Bank of America that pays 6.2% interest, compounded monthly. What is the APY for
this account to the nearest hundredth of a percent?
• The APY for the account, to the nearest hundredth of a percent, will be
%.
At
Answers: 2
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Mathew deposits $8,000 in a savings account at Bank of America that pays 6.2% interest, compounded m...
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