Question
A saving bond earns a variable rate of interest that can change six months, with compounding done monthly. The initial rate was 2.7% in early
A saving bond earns a variable rate of interest that can change six months, with compounding done monthly. The initial rate was 2.7% in early 2015. If that rate continues unchanged for the 3 years of the bond's duration, what is the APY (annual percentage yield) on a $10,000 bond? (Please answer in term of percentage, e.g: 2.5%, and round to 2 decimal places)
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ISO 27001 Handbook Implementing And Auditing An Information Security Management System In Small And Medium Sized Businesses
Authors: Cees Van Der Wens
1st Edition
1098547683, 978-1098547684
