Find the annual percentage yield of a bank account that pays 5.3% interest compounded monthly. Round the percent to the nearest tenth.

asked Mar 10, 2018 76.8k views

1 vote

by Gili

8.4k points

Please log in or register to add a comment.

1 vote

It would be 5.3% of a number given. But since there isn't, you would have to use X.

Gruuuvy answered Mar 15, 2018

7.5k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers