Bianca's bank offers a savings account with a 2.1% apr, compounded monthly. what is the actual annual percentage yield on this account?

a. 2.19%
b. 2.17%
c. 2.12%
d. 2.15%

Bianca's bank offers a savings account with a 2.1% APR, compounded monthly. The the actual annual percentage yield on this account can be calculated using i = (1+ r/m)^m, where i is the actual APR, r is the nominal interest rate and m the compounding period in a year. APR is equal to 2.12%

Answer would be 2.12% :)

hi there!

the answer will be d: 2

for a it would be 24 children.

for b i don't understand the question. is it saying for each individual person they pick 5 reds to 7 greens or is it the whole group. clarify and i hope this can you.

step-by-step explanation: