Multiple Choice
Which of the following is the correct formula for computing your annual percentage yield?
A) APY = (1+ r/n) n - 1
B) APY = (1- r/n) - 1
C) APY = [(1- r) n] + 1
D) APY = [(r - n) r] - 1
Correct Answer:
Verified
Correct Answer:
Verified
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