Top Posters
Since Sunday
G
4
K
3
o
3
3
m
2
c
2
r
2
p
2
s
2
s
2
b
2
c
2
New Topic  
rosenrot rosenrot
wrote...
Posts: 163
Rep: 0 0
6 months ago

Jim Ryan deposited $8,000 at National Bank at 6% interest compounded quarterly. What was the effective rate (APY)?

Note:Round to the nearest hundredth percent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
Read 55 times
1 Reply
Replies
Answer verified by a subject expert
yoorimchiyoorimchi
wrote...
Posts: 162
Rep: 0 0
6 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

rosenrot Author
wrote...

6 months ago
Smart ... Thanks!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1019 People Browsing
Related Images
  
 361
  
 165
  
 667
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405