Solution:
a)
Times
|
APY (Decimal)
|
APY (Percentage)
|
1
|
0.052
|
5.2%
|
12
|
0.053257411
|
5.325741057%
|
365
|
0.053371841
|
5.337184107%
|
Continuously
|
0.053375743
|
5.337574251%
|
b) 26912.4424
No comments:
Post a Comment