a deposit of $2,000 into an account that earns 4.2% interest compounded daily. What is the annual percentage yield (APY) to the nearest hundredth of a percent?

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asked May 21, 2017 162k views

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a deposit of $2,000 into an account that earns 4.2% interest compounded daily. What is the annual percentage yield (APY) to the nearest hundredth of a percent?

Mathematics
high-school

Crecket asked

by Crecket

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1 Answer

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its either 80% or 84%.

Neets answered May 27, 2017

by Neets

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