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Mathematics 12 Online
OpenStudy (anonymous):

If the APY of a savings account is 4.7%, and if the principal in the savings account was $4500 for an entire year, what will be the balance of the savings account after all the interest is paid for the year? A.$4521.15 B.$4700.00 C.$4711.50 D.$4500.00

OpenStudy (anonymous):

just one year: 4,500 * (1 + 0.047) = 4,711.50

OpenStudy (anonymous):

TY

OpenStudy (anonymous):

YW

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