An online bank listed a money market account that earns 1.02% compounded daily. Find the APY as

Question:

An online bank listed a money market account that earns 1.02% compounded daily. Find the APY as a percentage, rounded to three decimal places.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: