chavezmaribelle01 chavezmaribelle01

22-10-2022
Mathematics

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A bank features a savings account that has an annual percentage rate of 4.8 % with interest compounded monthly. Umbrosia deposits $6,500 into the account.
How much money will Umbrosia have in the account in 1 year?
What is the annual percentage yield (APY) for the savings account?

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