What is the annual percentage yield of 18% compounded daily? APY= _________%

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 95E
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What is the annual percentage yield of 18% compounded daily?

APY= _________%

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