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OpenStudy (anonymous):
**Financial Applications**** PLEASE HELP Sydney possesses a credit card with an APR of 21.34% compounded daily. What is the APY on this credit card? Kindly show your work, I will give the answer choices after you've explained to me how you got the answer you got thanks!
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OpenStudy (anonymous):
is there an equation for APY etc..
OpenStudy (anonymous):
@murrcat
OpenStudy (anonymous):
APY = (1 + p)n – 1
OpenStudy (anonymous):
where p and n are?
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