asked 79.6k views
1 vote
Lucia's bank offers a savings account with 1.9% APR compounded monthly. What is the actual annual percentage yield on this account?

asked
User Pylander
by
7.5k points

2 Answers

2 votes

Answer:1.9%

Explanation: because

answered
User Kalanidhi
by
7.7k points
3 votes
The answer is 1.92% -apex
answered
User Ninetiger
by
8.2k points
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