Register
Question 12 of 20 Annual percentage yield (APY) is: A. the amount earned on an investment in one year. B. the nominal interest rate times the interest earned. C. the rate of return on an investment in
202k views
1 vote
Question 12 of 20

Annual percentage yield (APY) is:
A. the amount earned on an investment in one year.
B. the nominal interest rate times the interest earned.
C. the rate of return on an investment in one year.
D. the initial deposit plus the interest earned.

User Tijuan
by
8.8k points

1 Answer

3 votes

Answer:

C. the rate of return on an investment in one year.

Explanation:

User Shumon
by
8.0k points
← Prev Question Next Question →

Related questions

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

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!