Question

if the APR of a savings account is 3.6% and interest is compounded monthly, what is the approximate APY of the account?
the options are: a: 3%, b: 10.37%, c: 1.04%, and d: 3.66%

Answer 1

help me please

Answer 2

e

Answer 3

e

Answer 4

e

Answer 5

e

Answer 6

e

Answer 7

e

Answer 8

e

Answer 9

e

Answer 10

e

Answer 11

e

Answer 12

e

Answer 13

ee

Answer 14

e

Answer 15

e

Answer 16

e

Answer 17

e

Answer 18

e

Answer 19

e

Answer 20

e

Answer 21

e

Answer 22

e

Answer 23

ee

Answer 24

e

Answer 25

ee

Answer 26

e