Short Answer
If your account compounds continuously at an annual rate of 7.85%, what is the APY of your account? Use two decimal places.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: Tara has $85 deducted from her paycheck
Q6: Jack wants to make an investment that
Q7: In late 2001 the inflation rate was
Q8: What is the APY for 12.3% compounded
Q9: Lola made an investment with a 7%
Q11: In early 2002, the inflation rate was
Q12: Suppose that you have $3000 on deposit
Q13: Suppose you invest $6000 and would like
Q14: What is the APY for 4% compounded
Q15: Ray wants to make an investment that