Question: 8. Please help me practice this I can't seem to get the correct answer Question 8 4P A bank features a savings account that has

8. Please help me practice this I can't seem to get the correct answer

Question 8 4P A bank features a savings account that has an annual percentage rate of 3% with interest compounded monthly. Lola deposits $4,500 into the account. How much money will Lola have in the account in 1 year? Answer = $ Round answer to the nearest penny. What is the annual percentage yield (APY) for the savings account? APY = %. Round to the nearest hundredth of a percent

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