Mathematics, 25.02.2021 01:00 6946599268

Mathew deposits $8,000 in a savings account at Bank of America that pays 6.2% interest, compounded monthly. What is the APY for this account to the nearest hundredth of a percent?
• The APY for the account, to the nearest hundredth of a percent, will be
%.

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Mathew deposits $8,000 in a savings account at Bank of America that pays 6.2% interest, compounded monthly. What is the APY for this account to the nearest hundredth of a percent? • The APY for the account, to the nearest hundredth of a percent, will be %.

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Another question on Mathematics

Mathew deposits $8,000 in a savings account at Bank of America that pays 6.2% interest, compounded monthly. What is the APY for this account to the nearest hundredth of a percent?
• The APY for the account, to the nearest hundredth of a percent, will be
%.