Question

The APR of Estelle's savings account is 4.5% but interest is compounded only once a year. what is the APY of Israel's savings account?
A) Greater than 4.5%
B)4.5%
C(1%
D) Greater than 1% but less than 4.5%

Answer 1

im thinking that u r not showing us something?

Answer 2

That is all that they give me to work with.