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Find the APY for an APR of 3.6% compounded (a) yearly. (b) semi-annually. (c) monthly. (d) continuously.
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Find the APY for an APR of 3.6% compounded (a) yearly. (b) semi-annually. (c) monthly. (d) continuously.
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Apr 10, 2022
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Find the APY for an APR of 3.6% compounded (a) yearly. (b) semi-annually. (c) monthly. (d) continuously.
Mathematics
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Simonthumper
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Answer:
Monthly
Explanation:
APY is 0.0302 = 3.02 Percent - 3.00% - monthly
Kirguduck
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Apr 14, 2022
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