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krmazurowski
krmazurowski krmazurowski
  • 26-01-2017
  • Mathematics
Answered

Find the annual percentage yield of a bank account that pays 5.3% interest compounded monthly. Round the percent to the nearest tenth.

Verified Answer :

ShockedBrainly
ShockedBrainly ShockedBrainly
  • 26-01-2017

It would be 5.3% of a number given. But since there isn't, you would have to use X.

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