Asked by matt
Assume an 18 month CD purchased for $7000 pays an APR of 7% compounded monthly. What is the APY?
APY = ___%
Round the answer to two decimal places
The previous answer was not correct so they changed the question.
APY = ___%
Round the answer to two decimal places
The previous answer was not correct so they changed the question.
Answers
Answered by
Reiny
see you later post and my reply
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