• Question 13 A bank features a savings account that has an annual percentage rate of 2.5 % with interest compounded quarterly. Dustin deposits $5,000 into the account. How much money will Dustin have in the account in 1 year? Answer = $ Round answer to the nearest penny. What is the annual percentage yield (APY) for the savings account? 96. Round to the nearest hundredth of a percent. APY = Calculator Submit Question
• Question 13 A bank features a savings account that has an annual percentage rate of 2.5 % with interest compounded quarterly. Dustin deposits $5,000 into the account. How much money will Dustin have in the account in 1 year? Answer = $ Round answer to the nearest penny. What is the annual percentage yield (APY) for the savings account? 96. Round to the nearest hundredth of a percent. APY = Calculator Submit Question
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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