What is the annual percentage yield​ (APY) for money invested at an annual rate of (A) 4.37% compounded monthly? (B) 4.38% compounded quarterly?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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What is the annual percentage yield​ (APY) for money invested at an annual rate of
(A) 4.37% compounded monthly?
(B) 4.38% compounded quarterly?
 
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thx!!
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