Question

any one?help the apr on a savings account is 7.2% and the interest is compouded monthly was is the apy of the account?

Answer 1

\[(1+\frac{.072}{12})^{12}-1\] is what i really meant

Answer 2

is the anser 6 %

Answer 3

well actually it is not 6%

Answer 4

since apy > apr

Answer 5

kan u help mi with it im soo confused