Rob deposits $1,000 in a savings account at New York State Bank that pays 4.4% interest, compounded
Question:
a. How much is in his account at the end of one year?
b. What is the APY for this account to the nearest hundredth of a percent?
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a B 1000 1 004...View the full answer
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Question Posted:
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