Question:

Consider an account with an APR of 45% Find the APY with

Last updated: 8/13/2022

Consider an account with an APR of 45% Find the APY with

Consider an account with an APR of 45% Find the APY with quarterly compounding monthly compounding, and daily compounding Comment on how changing the compounding period affects the annual yield Cass When interest is compounded quarterly, the APY (Do not round until the final answer. Then round to two decimal places as needed)