Mathematics, 10.11.2019 19:31 sallybob0
Passbook savings account has a rate of 7%. find the effective annual yield, rounded to the nearest tenth of a percent, if the interest is compounded 1000 times per year.
Answers: 3
where r is percentage rate expressed in decimal points, n is the duration
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Passbook savings account has a rate of 7%. find the effective annual yield, rounded to the nearest t...
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