The APR of Burt's savings account is 2.5%, but interest is compounded only
once a year. What i...
Mathematics, 04.04.2020 22:47 singlegirlforlife541
The APR of Burt's savings account is 2.5%, but interest is compounded only
once a year. What is the APY of Burt's savings account?
O
A. 2.5%
O
B. 1%
O
C. Greater than 1% but less than 2.5%
O
D. Greater than 2.5%
Answers: 1
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