Register
An account that earns ___ interest will result in a higher annual percentage yield
175k views
6 votes
An account that earns ___ interest will result in a higher annual percentage yield

User TheMook
by
2.9k points

2 Answers

4 votes

Answer:

The annual percentage yield (APY) is paid to a depositor by a financial institution. The percentage is based on the existing amount after a certain period. If the owner of saving account choose not to take out the past interest revenue, the amount would be compounded for future years.

User Georgi Karadzhov
by
3.0k points
4 votes

Answer:

The answer is C. Compound

Step-by-step explanation:

I took the quiz :) your welcome <3

User Johanan Liebermann
by
3.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.4m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
Link Copied!