Ask your own question, for FREE!
Mathematics 18 Online
OpenStudy (anonymous):

If the APY of a savings account is 3.2%, and if the principal in the savings account was $2400 for an entire year, what will the balance of the savings account be after all the interest is paid for the year?

OpenStudy (anonymous):

apy is annual percent yield

OpenStudy (anonymous):

Im not getting any of the answers I am presented with

OpenStudy (anonymous):

2400(1+.032)

OpenStudy (anonymous):

still not clear

OpenStudy (anonymous):

can you help me please

OpenStudy (anonymous):

what are you unclear on?

OpenStudy (anonymous):

how to get the answer.

OpenStudy (anonymous):

what answer do you come up with?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!