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22-10-2020
Mathematics

contestada

The amount of interest you will earn in one year from a savings account is the _____.

Respuesta :

22-10-2020

Answer:

APY

Step-by-step explanation:

Annual Percentage Yield = APY = [tex](1 + \frac{r}{n} )^{n} - 1[/tex]

r = stated annual interest rate

n = number of times compounded

Hope this helps ^-^

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