An account has a rate of 3.5 %. Find the effective annual yield if the interest is compounded monthly. The effective annual yield is

  

enter your response here​%.

​(Round to the nearest hundredth as​ needed.)

asked by guest
on Oct 25, 2024 at 6:06 pm



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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