yesiromero19 yesiromero19
  • 15-10-2020
  • Mathematics
contestada

7. Rob deposits $1,000 in a savings account at New York State Bank
that pays 4.4% interest, compounded monthly.
a. How much is in his account at the end of one year?
b. What is the APY for this account to the nearest hundredth of a
percent?

Relax

Respuesta :

UsamiChan
UsamiChan UsamiChan
  • 15-10-2020

Answer:

a) $1, 044.80

b) 4.49%

Step-by-step explanation:

Answer Link

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