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A bank offers an APR of 3.14% on an account that is componded annually. awhat is the annual percentage yield?
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A bank offers an APR of 3.14% on an account that is componded annually. awhat is the annual percentage yield?
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Mar 7, 2019
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A bank offers an APR of 3.14% on an account that is componded annually. awhat is the annual percentage yield?
Mathematics
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Joe The Person
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I think the answer is 3.768
Not entirely sure without more info.
0.314 × 12mo = 3.768
Mkalafut
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Mar 11, 2019
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