Short Answer
A bank customer takes out a CD from his principal bank for 90 days in the amount of $2,500 and earns $99 in interest for the 90-day period. What is the depositor's APY?
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The daily average balance is $...View Answer
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Correct Answer:
Verified
The daily average balance is $...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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