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Earl Miller deposited $25,000 at Y Bank at an interest rate of 12% compounded quarterly. (Use this table) The effective rate (APY) is:

Earl Miller deposited $25,000 at Y Bank at an interest rate of 12% compounded quarterly. (Use this table) The effective rate (APY) is:
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Earl Miller deposited $25,000 at Y Bank at an interest rate of 12% compounded quarterly. (Use this table) The effective rate (APY) is:

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User Rufat Mirza
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1 Answer

2 votes
The effective rate is 9,000 is the answer


answered
User Christian Hayter
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