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A customer has a savings account for one year. During the year he earns $65.50 in interest. For 180 days he has $2,000 in the
A customer has a savings account for one year. During the year he earns $65.50 in interest. For 180 days he has $2,000 in the account and for another 180 days he has $1,000 in the account. What is the annual percentage yield on this savings account?
| 3.28% | ||
| 8.73% | ||
| 4.42% | ||
| 6.65% |
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